3200 Franklin Blvd - 1.92 Acres in Humboldt Park
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3200 Franklin Blvd - 1.92 Acres in Humboldt Park
1.92 Acres of Commercial Land Offered at $2,010,000 in Chicago, IL 60624
Executive Summary
Rare opportunity to acquire almost 2 acres of land in rapidly appreciating Humboldt Park! The site is ~83,721 SF spanning two blocks on Franklin Blvd. The lots feature corner access and visibility from Kedzie, Sawyer and Spaulding Avenues. The site is ideal for a variety of uses with several public transit options in the area: Bus Route 82 (adjacent), Kedzie Metra (0.1 miles) and Kedzie Green Line CTA (0.4 miles).
The site is also centrally located between two of Chicago’s largest parks: Humboldt Park to the North and Garfield Park to the Southwest. There is a 7,150 SF medical building (formerly occupied by DaVita Dialysis) on the corner of Spaulding and Franklin that is included in the offering. The building and adjacent parking could be sold off separately form the vacant land.
The site is also centrally located between two of Chicago’s largest parks: Humboldt Park to the North and Garfield Park to the Southwest. There is a 7,150 SF medical building (formerly occupied by DaVita Dialysis) on the corner of Spaulding and Franklin that is included in the offering. The building and adjacent parking could be sold off separately form the vacant land.
Property Facts
| Price | $2,010,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Redevelopment Project | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.92 AC |
| Price | $2,010,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.92 AC |
1 Lot Available
Lot
| Price | $2,010,000 | Lot Size | 1.92 AC |
| Price Per AC | $1,046,875 |
| Price | $2,010,000 |
| Price Per AC | $1,046,875 |
| Lot Size | 1.92 AC |
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Walk Score ®
Very Walkable (73)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $173,135 | |
| Land Assessment | $201,393 | Total Assessment | $374,528 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$201,393
Improvements Assessment
$173,135
Total Assessment
$374,528
zoning
| Zoning Code | PD 836 (Planned development zoning still in place from when a hospital was on site. Contact broker for details.) |
| PD 836 (Planned development zoning still in place from when a hospital was on site. Contact broker for details.) |
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3200 Franklin Blvd - 1.92 Acres in Humboldt Park
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