1416 West Grand Avenue
1416 West Grand Avenue
$525,000
5
2
1
—
—
—
Closed 10/8/21
Description
Amazing redevelopment opportunity on a full size 25 x 125 lot in West Town. Excellent location with great city views and just steps to the West Loop, Expressway, and Downtown. Current zoning is RS3 and any zoning change would need to happen after closing. There is precedent for a zoning change with a lot of recent development on the same block. Property is currently habitable which could provide immediate cash flow. As-Is Sale.Amazing redevelopment opportunity on a full size 25 x 125 lot in West Town. Excellent location with great city views and just steps to the West Loop, Expressway, and Downtown. Current zoning is RS3 and any zoning change would need to happen after closing. There is precedent for a zoning change with a lot of recent development on the same block. Property is currently habitable which could provide immediate cash flow. As-Is Sale.
- Listed by Marie McCall • @properties
- Listed by Lucas Blahnik • @properties
Sold By Compass
Property Details for 1416 West Grand Avenue
Area
CHI - West Town
TownshipWest Chicago
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Cars2.0
Heat/FuelNatural Gas
Location
LISTING UPDATED: 10/10/2021 02:04 PM
Property Details for 1416 West Grand Avenue
Status | Closed |
---|---|
MLS # | 10951752 |
Days on Market | 301 |
Taxes | $444 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1880 |
Lot Size | 0.07 AC / 3,125 SF |
County | Cook County |
Location
Building Information for 1416 West Grand Avenue
Stories-Residences3Year Built1880Building Size-Lot Size0.07 AC / 3,125 SF
Payment Calculator
$2,902 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1416 West Grand Avenue
Property History for 1416 West Grand Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1416 West Grand Avenue
Taxable ValueLand$10,625Additions$56,107Total$66,732
Tax Record2018$437 ($36 / month)
Home Facts
Baths3.5Total Finished SqFt3,063 SqFtAbove Grade Finished SqFt3,063 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1875CountyCOOKAPN17081230350000
Schools near 1416 West Grand Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Otis Elementary School PublicPK to 8 | ||
Wells Community Academy High School Public9 to 12 | ||
Ogden Int High School Public9 to 12 | ||
Golder College Prep Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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