2650-2662 West Madison Street, Chicago, IL

$599,000

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0.28

Acres

About 2650-2662 West Madison Street

100 feet of frontage on Madison. Lot Total dimensions are 100 by 125. Quick Zoning Metrics: 31 dwelling units or 25 dwelling units + 8 studios. 37,500 Buildable SF. 65' height with ground floor commercial. 60' height with no ground floor commercial. You need a special use for ground-floor residential. The property qualifies for TOD bonuses but you need to do a zoning amendment to obtain them (and thus trigger affordable). Under a TOD rezoning, you can get: 41 dwelling units or 33 dwelling units + 12 studios. 50,000 Buildable SF. 75' with ground floor commercial. 70' with no ground floor commercial

Features of 2650-2662 West Madison Street

MLS® # 11183952
Price $599,000
Bathrooms 0.00
Acres 0.28
Type Land
Sub-Type Land
Status Active

Community Information

Address 2650-2662 West Madison Street
Area CHI - East Garfield Park
City Chicago
County Cook
State IL
Zip Code 60612

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

School Information

District 299

Additional Information

Days on Market 850
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeDream Town Real Estate

Listing Map

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