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32942071

7016 S EAST END Avenue, Chicago, IL 60649 For Sale

RL
471019124
Fulton Grace Realty
Listed by Fulton Grace Realty
$600,000
54 days on market
Updated 47 days ago
Opportunity zone

7016 S EAST END Avenue

Details
APN 20243240220000
Property Type Land, Multifamily
Sub Type Apartment Building, Agricultural (+2)
Acreage 0.930
Zoning MULTI

Land | 0.93 acres

Marketing description

Exceptional development opportunity in the heart of South Shore. This expansive 40,453 SF parcel (250' x 163') is zoned RT-4 and offers outstanding potential for a luxury single-family residence, duplex development, or multi-unit residential project. Surrounded by mature trees and positioned on a beautiful residential block, the site is ideally located near the Obama Presidential Center, Lake Michigan, the 71st Street retail corridor, and the South Shore Cultural Center. Nestled near the historic Jackson Park Highlands neighborhood and amid ongoing new construction and investment activity, this property presents a compelling opportunity for developers, builders, and long-term investors alike. Convenient access to Lake Shore Drive, CTA transit, and the Metra Electric enhances appeal for future residents and supports strong long-term value. The seller is willing to divide the property into either ten 25' x 163' parcels or five 50' x 163' parcels, offering added flexibility for a range of development plans. A builder is also in place and available to assist with project execution if desired.
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Listing Contacts

RL
471019124
Fulton Grace Realty
Listed by Fulton Grace Realty

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