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3953 Michigan - Bronzeville Opportunity Zone property

0.72 Acres of Residential Land in Chicago, IL 60653

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INVESTMENT HIGHLIGHTS

Outstanding Bronzeville Development site
Adjacent to CTA Green Line Station

In Opportunity Zone
Includes exinsting 15,000 sf former youth center and playground

EXECUTIVE SUMMARY

Outstanding development opportunity in Bronzeville Opportunity Zone next to the CTA Green Line station. TOD potential here. This property is zoned M1-3, however, the Alderman has expressed support of a potential zoning change to B3 for the right development.

31,200 SF Bronzeville Opportunity Zone Development Site for Sale

PROPERTY FACTS

Sale Type	Investment	Total Lot Size	0.72 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land	Parcel Number	20-03-102-008-0000
Property Subtype	Residential

Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Total Lot Size	0.72 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parcel Number	20-03-102-008-0000

1 LOT AVAILABLE

Lot

Lot Size	0.72 AC

Lot Size	0.72 AC

Bronzeville Opportunity Zone Land zoned M1-3 but support for zoning change to B3. 31,200 sf (.72 acres).195' along S. Michigan, 160' depth. Adjacent to CTA Green Line Station at S. Indiana / E. 40th St. TOD potential. Building and Land.

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Walk Score®

Very Walkable (75)

Transit Score®

Excellent Transit (70)

What is a Walk Score®, Transit Score® & Bike Score®?

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Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

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, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

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Listing ID: 25737751
Date on Market: 5/18/2022
Last Updated:
Address: 3953 Michigan, Chicago, IL 60653

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3953 Michigan, Chicago, IL for sale Primary Photo- Image 1 of 9 — Slide4

3953 Michigan, Chicago, IL for sale Building Photo- Image 2 of 9 — Slide1

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3953 Michigan, Chicago, IL for sale Building Photo- Image 8 of 9 — Slide7

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