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700-708 N Ashland Ave - Land/Development Opportunity - Ashland/Huron

0.29 Acres of Commercial Land Offered at $3,100,000 in Chicago, IL 60622

Commercial Land Illinois Chicago 700-708 N Ashland Ave, Chicago, IL 60622

Investment Highlights

  • Hard corner of Ashland & Huron
  • One block south of Chicago Avenue
  • Zoning allows for ±23 residential units with commercial on the first floor
  • Single family homes and condo development in immediate area

Executive Summary

BACK ON MARKET! Approximately ±12,457 SF of land on the hard corner of Ashland and Huron in West Town! Part of a ±21,925 parcel. Zoning allows for ±23 residential units with commercial on the first floor. Can be purchased with adjacent corner of Ashland & Superior for development of ±31 units for a total of ±54 units with commercial on the first floor.

Attachments

700-08 Ashland Brochure

Property Facts

Price $3,100,000 Property Subtype Commercial
Sale Type Investment Proposed Use Multifamily
No. Lots 1 Total Lot Size 0.29 AC
Property Type Land
Price $3,100,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 0.29 AC

1 Lot Available

Lot

Price $3,100,000 Lot Size 0.29 AC
Price Per AC $10,840,184
Price $3,100,000
Price Per AC $10,840,184
Lot Size 0.29 AC

Approximately ±12,457 SF of land on the hard corner of Ashland and Huron in West Town! Part of a ±21,925 parcel, zoned C2-3 for commercial or residential development. Zoning allows for ±23 residential units with commercial on the first floor.

Description

Approximately ±12,457 SF of land on the hard corner of Ashland and Huron in West Town! Part of a ±21,925 parcel, zoned C2-3 for commercial or residential development. One block south of Chicago Ave. where all of the area’s hottest restaurant & bars are located. Zoning allows for ±23 residential units with commercial on the first floor.

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700-708 N Ashland Ave, Chicago, IL - aerial map view
Walk Score ®
Walker's Paradise (98)
Transit Score ®
Excellent Transit (74)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 17-07-207-046-0000 Improvements Assessment $8,449
Land Assessment $16,705 Total Assessment $25,154

PROPERTY TAXES

Parcel Number
17-07-207-046-0000
Land Assessment
$16,705
Improvements Assessment
$8,449
Total Assessment
$25,154

zoning

Zoning Code C2-3 (Zoning allows for ±23 residential units with commercial on the first floor.)
C2-3 (Zoning allows for ±23 residential units with commercial on the first floor.)
(773) 736-3600 x15

  • Listing ID: 23641304

  • Date on Market: 7/9/2021

  • Last Updated:

  • Address: 700-708 N Ashland Ave, Chicago, IL 60622

The Land Property at 700-708 N Ashland Ave, Chicago, IL 60622 is currently available For Sale. Contact Strauss Realty for more information.

Land PROPERTIES IN NEARBY NEIGHBORHOODS

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700-708 N Ashland Ave - Land/Development Opportunity - Ashland/Huron
(773) 736-3600 x 15

700-708 N Ashland Ave - Land/Development Opportunity - Ashland/Huron

Jarrett Fradin

(773) 736-3600

x15

(773) 736-3600 x15

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