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864 N Orleans St

0.17 Acres of Commercial Land Offered at $3,400,000 in Chicago, IL 60610

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Executive Summary

The lot is currently zoned a PUD for a 66 room hotel. The plans are finished and is fully approved from the city.
Owner is open to remain as an investor in the project.

Property Facts

Price	$3,400,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Multifamily Apartment Units Hold For Development Hold For Investment Hotel Planned Unit Development
No. Lots	1	Total Lot Size	0.17 AC
Property Type	Land

Price	$3,400,000
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Multifamily Apartment Units Hold For Development Hold For Investment Hotel Planned Unit Development
Total Lot Size	0.17 AC

1 Lot Available

Lot

Price	$3,400,000	Lot Size	0.17 AC
Price Per AC	$19,747,235

Price	$3,400,000
Price Per AC	$19,747,235
Lot Size	0.17 AC

Hotel development opportunity. This 75x100 lot in the sought out neighborhood between Old Town and River North is right in the middle of the Moody development project and Chicago’s new casino.

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aerial
map

864 N Orleans St, Chicago, IL - aerial map view - Image1

864 N Orleans St, Chicago, IL - aerial map view - Image2

Walk Score ®

Walker's Paradise (99)

Transit Score ®

Excellent Transit (89)

Bike Score ®

Very Bikeable (82)

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	17-04-436-030-0000	Improvements Assessment	$0
Land Assessment	$38,750	Total Assessment	$38,750

PROPERTY TAXES

Parcel Number

17-04-436-030-0000

Land Assessment

$38,750

Improvements Assessment

Total Assessment

$38,750

zoning

Zoning Code	DX-5/PD1492 (The application to rezone the property from C1-2 to DX-5 and then to a business planned development was approved by the zoning committee.)
DX-5/PD1492 (The application to rezone the property from C1-2 to DX-5 and then to a business planned development was approved by the zoning committee.)

(773) 340-0076

Contact

Kevin Folkerts
Kevin Folkerts

Listing ID: 32753487
Date on Market: 8/9/2024
Last Updated:
Address: 864 N Orleans St, Chicago, IL 60610

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864 N Orleans St, Chicago, IL for sale Construction Photo- Image 1 of 9 — 862-N-Orleans-Street.-Rendering-by-Ethos-Workshop-Architects

864 N Orleans St, Chicago, IL for sale Construction Photo- Image 2 of 9 — Streetscape-View-of-862-N-Orleans-Street.-Rendering-by-Ethos-Workshop-Architects

864 N Orleans St, Chicago, IL for sale Aerial- Image 3 of 9 — Aerial-View-of-862-N-Orleans-Street.-Rendering-by-Ethos-Workshop-Architects

864 N Orleans St, Chicago, IL for sale Aerial- Image 4 of 9 — Aerial

864 N Orleans St, Chicago, IL for sale Building Photo- Image 5 of 9 — Primary Photo

864 N Orleans St, Chicago, IL for sale Building Photo- Image 6 of 9 — Building Photo

864 N Orleans St, Chicago, IL for sale Building Photo- Image 7 of 9 — Building Photo

864 N Orleans St, Chicago, IL for sale Building Photo- Image 8 of 9 — Building Photo

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