4743 S Washtenaw Avenue,Chicago, IL 60632
Chicago, IL 60632
Description
An exceptional opportunity to acquire approximately 75,000 square feet (1.72 acres) of strategically located development land in Chicago's Brighton Park neighborhood. This highly visible infill site offers tremendous potential for investors, developers, owner-users, and those seeking a well-positioned asset in one of Chicago's established growth corridors. The site was previously approved by the City of Chicago as Residential Planned Development. It demonstrates both the quality of the location and the City's prior support for residential redevelopment on this site. Buyers are encouraged to conduct their own due diligence regarding current zoning, entitlements, redevelopment options, and future land-use possibilities. The property is zoned M1-2 Limited Manufacturing District, providing flexibility for numerous industrial and commercial uses, including warehouse, distribution, flex-industrial, contractor facilities, manufacturing, and other permitted uses. The location offers exceptional accessibility with convenient access to Interstate 55, Interstate 90/94, Midway International Airport, and the BNSF Corwith Intermodal Terminal, making it equally attractive for logistics operations, industrial development, or future redevelopment opportunities. Buyer to independently verify zoning, permitted uses, utilities, environmental conditions, and redevelopment potential.
Details
| MLS # | 12716364 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 53 |
| Listing Provided By | Re/Max In The Village | Erika Villegas |
Features
| Zoning | PUD |
|---|---|
| Acreage | 1.72 |
Utilities
| Utilities | Electricity Nearby, Natural Gas Nearby |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 7538.65 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60632 |
| Area | CHI Brighton Park |
| Listing VS Median (in 60632) | |
Price: $2,500,000 low | high Med: $314,900 On site: 53 low | high Med: 40 | |
Market Activity 60632
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60632 |
| Area | CHI Brighton Park |
| Listing VS Median (in 60632) | |
Price: $2,500,000 low | high Med: $314,900 On site: 53 low | high Med: 40 | |
