Redevelopment Opportunity on 4 City Lots 2950-2958 N Leavitt St Lot | Terrain industriel | 0,12 ha | À vendre | 1 631 335 € | Chicago, IL 60618
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Redevelopment Opportunity (4 City Lots Totaling 11,931 SF) with Multi- Story Residential adjacent & Across street
- Prime corner location at Leavitt St, Wellington Ave & Clybourn Ave
- Ideal for Apartments, Condos, retail or industrial uses
- Located in Chicago’s thriving West Lakeview neighborhood
RÉSUMÉ ANALYTIQUE
Ideal for Apartments, Condos, retail or industrial uses
Located in Chicago’s thriving West Lakeview neighborhood, this 13,059 SF industrial/flex building sits on four city lots totaling 11,931 SF (0.27 acres) at the corner of Leavitt St, Wellington Ave, and Clybourn Ave. The M1-2 zoning allows for low-impact manufacturing, warehousing, and business park uses, while the surrounding multi-story residential developments make it an ideal redevelopment opportunity for multi-family housing. The property features 14’ clear warehouse height, a 12’ x 12’ overhead door, 1,800 amps of 240V 3-phase power, and LED lighting throughout the first floor, with fully air-conditioned space and approximately 15% office, including second-floor offices. Additional highlights include 12-car parking and a prime location in one of Chicago’s most desirable areas. With 2023 real estate taxes at $36,618.12 ($2.80 per SF), this property presents a unique opportunity for investors, developers, or owner-users looking to capitalize on West Lakeview’s strong demand for both industrial and residential space.
• Ideal User Investor warehouse Opportunity OR Residential Redevelopment (4 City Lots Totaling 11,931 SF) with Multi- Story Residential adjacent & Across street
• 13,059 SF industrial/flex building w/ Approximately 15% office including second floor office space (Former Ultra Metric Tool Plant)
• 11,931 SF (0.27 acre) land site
• 4 city lots totaling 95.45’ x 125’
• Located at the corner of Leavitt St, Wellington Ave & Clybourn Ave.
• In Chicago’s Thriving West Lakeview Neighborhood
• Building is 100% AC
• LED lighting throughout first floor
• 1,800 amps 240 volt 3-phase power
• 12 car parking
• 12’ x 12’ overhead door
• 14’ clear in warehouse
• 2023 real estate taxes payable in 2024: $36,618.12 ($2.80 per SF)
INFORMATIONS SUR L’IMMEUBLE
1 LOT DISPONIBLE
Lot
| Prix | 1 631 335 € |
| Prix par ha | 13 437 051,76 € |
| Surface du lot | 0,12 ha |
Prime Chicago lots at 2950-2958 N Leavitt St, 60618, featuring an industrial building with redevelopment potential for multi-family or continued industrial use. Excellent location with strong accessibility in a sought-after area. 4 City lots in total
DESCRIPTION
Located in Chicago’s thriving West Lakeview neighborhood, this property sits at the prominent corner of Leavitt St, Wellington Ave, and Clybourn Ave. Surrounded by a mix of industrial, commercial, and multi-story residential developments, the area offers excellent accessibility and strong redevelopment potential. The site is just minutes from major thoroughfares, providing convenient access to downtown Chicago, nearby neighborhoods, and transportation routes. With a growing demand for residential and mixed-use properties, this location presents a prime opportunity for investors, developers, and owner-users looking to establish a presence in one of the city’s most desirable districts.
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 25 265 € | |
| Évaluation du terrain | 64 350 € | Évaluation totale | 89 615 € |
