6027 N Kenmore Ave - Residential LAND FOR SALE


Chicago, IL 60660- Edgewater7,000 SF
$1,599,000 USD
312-423-7934
6027 N Kenmore Ave, Chicago, IL for Sale
$1,599,000 USD
Residential LAND - FOR SALE
1/15
7,000 SF

6027 N Kenmore Ave
Chicago, IL 60660
Edgewater


HIGHLIGHTS

  • Shovel Ready Site, Permitted for Immediate Development
  • Buyer can start the project immediately with no money down. Seller may consider contributing the land as equity in Joint Venture
  • Development Options: Option 1: 7-story building with 15 units and parking on-site; Option 2: 5-story building with 17 units and parking on-site
  • All necessary permits for construction, plumbing, and electricity are secured. Full environmental report and soil investigation available
  • Easy access to public transportation with CTA buses and Red Line
  • Parks and beaches including Lane Beach and Loyola Beach. Close to top-rated schools and Loyola University

OVERVIEW

Buyer can start the project immediately with no money down. Seller may consider contributing the land as equity in Joint Venture. Thereby JV partner is holding off purchase expenses until completion. Open Seller. Contact for more information. 6027 N Kenmore is Shovel Ready Site, Permitted for Immediate Development. This exceptional 7,500 SqFt lot comes with all the necessary permits and documentation in place. The asking price is $1.8 million, and the zoning is RM-6 (300 sq ft per dwelling unit, 135 sq ft per efficiency unit, 135 sq ft per SRO unit). Development Plans include two types: Option 1: 7-story building with 15 units and 15 parking spaces, featuring a roof deck, spacious 2-bedroom/2-bath and 3-bedroom/3.5-bath units; Option 2: 5-story building with 17 units, including primary 2-bedroom/2-bath units and one 1-bedroom/1.5-bath unit with parking on-site. Land and utility availability have been verified. All necessary permits for construction, plumbing, and electricity are secured. Full environmental report available. Detailed geotechnical investigation report on hand. RM-6 zoning has been verified and permitted.

FOR SALE DETAILS

PRICE

$1,599,000 USD

PRICE/ACRE

$9,950,349/AC

PRICE/SF

$228 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units, Apartment Units - Condo, Planned Unit Development

LAND ACRES

0.16 AC

LAND SF

7,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

RM-6

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Anastasiia LytvynUniconte LLCMore Info
312-423-7934

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Anastasiia LytvynUniconte LLCMore Info
312-423-7934

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.