310 W 75th ST

Chicago,IL 60621

$ 84900

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 11985708

Year Built 1900

Annual Tax Amount $3,206

Tax Year 2022

Lot Dimensions 8929 SQ FT

Property Description

This address 312, and 314 are sold together and zoned B3-2, this site stands as a prime candidate for a dynamic Mixed-Use development project. Situated in the heart of Greater Grand Crossing, this property enjoys exceptional visibility and accessibility, primed for a development that aligns with the area's growing demand. 310 W 75th, a former retail shop, and 312 W 75th, previously home to a BBQ restaurant and a longstanding barbershop, offer a wealth of possibilities. Nestled behind the commercial storefronts, 314 W 75th presents a solid brick, two-unit Multi-Family building. The first floor features a comfortable 1 bedroom, 1 bath layout, while the second floor offers a spacious 2 bedroom, 1 bath unit complete with an attic. For seasoned Real Estate Developers, this property qualifies for the coveted SBIF Grant, along with other City-led initiatives, providing a compelling financial edge to the project. Bring in your Contractor, as this property invites an extensive renovation to unlock its full potential and capitalize on this remarkable investment. Don't let this get away. Call today!!!

Location

State IL

County Cook

Area Chi - Greater Grand Crossing

Zoning COMMR

Interior

Cooling None

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

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