4930 S Western AvenueChicago, IL 60609

Description

An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.

Property Information

Property type

Land

Lot size

0.21 acres

Lot dimensions

75x122x75x122

Ownership

Fee Simple

Days on market

130

MLS^® Listing#

12668102

Property Features

Utilities

None

Schools

Elementary

Nightingale Elementary School

Middle

Nightingale Elementary School

High

Kelly High School

District

Kelly High School

Financial Details

Annual taxes

$2,739Tax year 2024

Parcel number

19122160260000

Directions

South along Western Ave. to address