Description
River North development opportunity. Newer three-story Multi-unit along with a vacant lot. Highest and best use would be to rezone parcels. The total combined lot size for both parcels is 50 X 100, and procuring zoning change may allow for 25 condos. Currently, there is a newer three flat consisting of a duplex up, a simplex, and a ground floor restaurant with equipment. The highest and best use will be for re-development. Vacant lot is currently leased for 2K per month. The current income form a three-flat and vacant lot is is $11,600. This is a fantastic opportunity to redevelop this parcel and build a high end residential rental building, mixed use, or condominiums. Seller will cooperate with zoning change requirements. Collect rent while you put the next development in the pipeline! Addition PIN# for vacant lot is 17044260030000.
Location
Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 1st October, 2023 8:55 AM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 1st October, 2023 8:55 AM (UTC)
Listing Office: Dream Town Real Estate
Attribution contact: 773-250-0400
