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31604147

2815 N Kimball Avenue, Chicago, IL, Chicago, IL 60618 For Sale

MC
IL IL 475174546
C-NET properties
Listed by C-NET properties
$525,000
102 days on market
Updated 2 days ago

LOGAN SQUARE RESIDENTIAL REDEVELOPMENT OPPORTUNITY

Details
Property Type Land, Mixed Use (+1)
Sub Type Commercial, Residential
Square Footage 4,000
Price per SqFt $131
Broker Co-Op Yes
Lot Size (SqFt) 2,949
Investment Type Redevelopment

RARE RT-4 ZONING ALLOWS FOR MULTI-UNIT RESIDENTIAL REDEVELOPMENT

Marketing description

An EXCEPTIONAL REDEVELOPMENT OPPORTUNITY in the heart of Logan Square, one of Chicago’s most active and sought-after development corridors. Zoned RT-4, this property offers strong potential for multi-unit residential development, making it an ideal acquisition for builders and developers seeking to capitalize on the neighborhood’s continued growth and demand for new housing. The lot presents an opportunity for ground-up construction of a new multi-unit building (commonly 2–3 units under RT-4 zoning) or a full gut renovation and repositioning of the existing structure. The property is being offered as-is, and the current improvements are considered in good condition. However, this remains a perfect possible teardown candidate or full rehabilitation project, providing a blank slate for redevelopment.

Strategically located near the Logan Square commercial corridor, the property is within walking distance of Milwaukee Avenue’s retail, restaurants, nightlife, and neighborhood amenities. The location offers excellent transit access, including the CTA Blue Line and multiple bus routes, providing convenient connectivity to downtown Chicago, surrounding neighborhoods, and O'Hare Airport. With strong neighborhood fundamentals, continued residential demand, and favorable zoning, this property represents a compelling value-add and development opportunity in one of Chicago’s most dynamic submarkets. Call today for more information!

Investment highlights

RT-4 Zoned, allowing for Multi-Unit Development.

Neighboring the Chicago Fireman's Memorial Park, with a great plaza view.

Steps from public transportation (Blue Line / CTA bus) and the vibrant Milwaukee Ave. corridor.

Less than 1/2 mile to I94 making travel to and from a breeze.

Listing Contacts

MC
IL IL 475174546
C-NET properties
Listed by C-NET properties

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Additional Information

Name
Michael Camilo
License
IL 475174546
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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