$425,000 $2,281 est/mo Sourced by Back At You

1931-33 S Jefferson Street,Chicago, IL 60616

Chicago IL, 60616

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Description

Scheduled for Online Auction. Pre-Auction Offers Highly Encouraged! Construction opportunity for six apartments or condos; six retail units; or a mixed used development in hot East Pilsen area. The two lots are located at 1931 and 1933 South Jefferson Street in close proximity to 88 Marketplace, Chinatown, I-90 (18th street on-ramp), UIC, the "78" (future location of new White Sox Stadium), Roosevelt Street shops - Southgate Market (Whole Foods), Jewel - Osco, Home Depot and much more. There is an alley in the rear. TIF district pending. The property taxes reflect a former two flat on the property which has now been torn down. The tax appeal is in process for the 1933 South Jefferson lot (1931 South Jefferson lot is already assessed as a vacant lot). The 1933 South Jefferson Street lot was reassessed as vacant land in 2023. The 2023 taxes will reflect this. Taxes currently shown are 2022. **Buyer pays 6% buyer's premium in addition to bid price. Minimum bid/published reserve price for online auction is $425,000.

Details

MLS#12003895
Listing TypeFor Sale
StyleLand
Sub-TypeResale
StatusActive
Days On Site126
Listing Provided ByAW Properties Global/Auction Works | Diana Peterson
Buying Commision2% OF BI

Features

ZoningMULTI

Market Activity 60616

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60616
AreaCHI Lower West Side
Community NameEast Pilsen
School District299
Elementary School299
Middle School299
High School299
Listing VS Median (in East Pilsen)
Price:
$425,000
low | high
Med:
$239,500
93.647058823529% of Average
On Site:
126
low | high
Med:
27.000000
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 0 - 0
Nearby Listings Property ImageNearby Listings Details
600 W Cermak Road Property Photo 1
$0
600 W Cermak Road
Chicago, IL 60616
Listing Updated: May 21, 2024 at 7:29:27 PM PDT