Sohail Salahuddin
Listed by Sohail Salahuddin
$175,000
North Lawndale Mixed Use/Development Opportunity
Details
Property Type Land, Mixed Use
Sub Type Commercial
Square Footage 2,616
Price per SqFt $67
Lot Size (SqFt) 2,616
Zoning B3-2
Investment Type Redevelopment
Land | 2,616 SqFt
Marketing description
Fantastic Mixed Use, New Construction Opportunity!
Vacant land which once contained a 2-unit residential building, now demolished. Located on a main street, not far from historic Route 66, this parcel offers B3-2 zoning, allowing the new owner to generate consistent income from commercial tenants with additional revenue streams from 2 residential units.
Build new and take advantage of recent, rapid appreciation - 11.6% to 13.9% YoY increase in median property values within < 1 mile radius of subject property
Investment highlights
Mixed use zoning
rapidly-appreciating area
great visibility
Listing Contacts
Sohail Salahuddin
Listed by Sohail Salahuddin
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