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4546 S Cottage Grove Avenue Chicago, IL 60653

$429,000
Active / MLS# 12737695 / Land - Commercial / Chicago
0 Beds

Rare Bronzeville development opportunity offering exceptional value! Two contiguous vacant lots at 4546 and 4548 S. Cottage Grove Avenue are being sold together, providing approximately 7,150 square feet of land with B1-1 zoning. With Northwestern Medicine's expanding presence in the area and significant redevelopment underway along Cottage Grove, this highly visible location presents outstanding potential for a commercial, residential, mixed-use, or investment development. Nearby land on the block has sold for more than $1 million, making this offering an especially compelling opportunity for developers and investors. The property is conveniently located near Armstrong Park, Gwendolyn Brooks Park, Hyde Park, the University of Chicago, DuSable Lake Shore Drive, and Downtown Chicago. Approximate parcel dimensions: 4546 S. Cottage Grove: 25' 170' - approximately 4,250 sq. ft. 4548 S. Cottage Grove: 25' 116' - approximately 2,900 sq. ft. Combined land area: approximately 7,150 sq. ft. Current zoning: B1-1 Take advantage of the continued growth and investment occurring throughout this vibrant Bronzeville corridor. The two parcels are being offered together. Buyer must verify zoning, allowable uses, lot dimensions, and development requirements with the City of Chicago.

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Estimated Payment

$ 1,383.08 per month $1,103.87 Principal & Interest $154.08 Property Tax $125.13 Homeowner's Insurance
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Property Details

Property Type: Land - Commercial
Basement: None
Lot Size: 0.16 Acres
Taxes: $1,849

Feature Descriptions

Frontage: 50
Frontage Type: City Street
Lot Dimensions: 25X170X117
Parcel#: 20034200330000
Possible Use: Commercial, Condominium, Legal Non Conforming, Office, Development, Recreational, Residential, Multi-Family, Retail, Special Use, Other
Road Surface: Asphalt
Township: Hyde Park
Utilities: None

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Coldwell Banker Realty

Listing Office Phone: 773-451-1200



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