Investor / Redevelopment Opportunity in Roseland! Rare chance to acquire two separate parcels with income, adaptive reuse, and redevelopment potential. Buyer may explore rezoning to B2-2, with potential for up to 8 units per lot / 16 total units, subject to zoning approval, plans, permits, and buyer verification. Situated on a combined 50 ft x 140 ft site, the property offers flexibility for investors, developers, nonprofits, owner-users, or faith-based organizations. Strong potential for affordable studio apartments in an area where attainable housing remains in demand. Offered at $325,000 with room to negotiate for a qualified buyer. Bring your vision to this value-add opportunity in Chicago's Roseland neighborhood.
| MLS # | 12673283 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 72 |
| Listing Provided By | Trelleum LLC | Sebastian Gomez |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Rooms Total | 8 |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Brick |
|---|
| Parking Features | Yes |
|---|
| Sewer | Public Sewer |
|---|
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 4553 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60628 |
| Area | CHI Roseland |
| Listing VS Median (in 60628) | |
Price: $250,000 low | high Med: $169,450 On site: 72 low | high Med: 62.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60628 |
| Area | CHI Roseland |
| Listing VS Median (in 60628) | |
Price: $250,000 low | high Med: $169,450 On site: 72 low | high Med: 62.5 | |