446 N Pine Avenue,Chicago, IL 60644
Chicago, IL 60644
Description
Exceptional redevelopment opportunity in the heart of Chicago! This unique property sits on two separate PINs and offers tremendous upside for investors, developers, and builders. Zoned to allow for the construction of up to 14 residential units, this site presents a rare chance to capitalize on the area's ongoing growth and demand for housing. The existing structure has already undergone significant improvements, including a brand-new roof and a complete interior gut renovation with framing in place, providing a valuable head start for your project. Whether you're looking to complete the current vision, develop a multi-unit investment property, or maximize the site's development potential, the groundwork has already been laid. Conveniently located near public transportation, major expressways, shopping, dining, parks, and schools, this property offers easy access to downtown Chicago and surrounding neighborhoods. Opportunities with this level of development potential are increasingly hard to find. Bring your vision and unlock the full potential of this prime Chicago development site. Two PINs included in the sale. Buyer to perform their own due diligence regarding zoning, permitted uses, and development opportunities.
Details
| MLS # | 12709810 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1898 |
| Days On Site | 33 |
| Listing Provided By | eXp Realty | Cesar DeSouza |
Features
| Story(s) | 3 |
|---|---|
| Units | 6 |
| Zoning | MULTI |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 7893 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60644 |
| Area | CHI Austin |
| Listing VS Median (in 60644) | |
Price: $675,000 low | high Med: $189,900 On site: 33 low | high Med: 38 | |
Market Activity 60644
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60644 |
| Area | CHI Austin |
| Listing VS Median (in 60644) | |
Price: $675,000 low | high Med: $189,900 On site: 33 low | high Med: 38 | |
 | $1,650,0005500 W Lake StreetChicago, IL 60644 |