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For SALE

5428 Winthrop Avenue, Chicago, IL, 60640

  • - Beds
  • - Baths
  • - Sq. Ft.

$1,199,000

Description

Build on this rarely available 50' x 150' RM-5 zoned 7500 sq. ft. lot steps to Andersonville, Lakewood Balmoral, Bryn Mawr Historic District, Lake, Park, CTA. Zoning allows up to 18 units with max 15,000 SF building area with ZERO parking spaces & 18 bike spaces. Two doors south at 5416 Winthrop is a newly built 8 unit rental property with 2bed/2bath units getting 3.5K per mo. on only a 35' lot! BUILD 11 to 12 2bed/2baths @ 3.5K per mo. on this BIG LOT with 42K monthly rent or 504K in annual rental income!! Or build 7 condos in this GREAT LOCATION TWO BLOCKS EAST OF ANDERSONVILLE/LAKEWOOD BALMORAL with a total buildout value of 4.3M!! Identical lot developed into 7 condos that just SOLD OUT at 4932 N. Kenmore.

Overview

  • - Beds
  • - Bathrooms
  • 0 Bath (Full)
  • 0 Bath (Half)
  • - Sq. Ft.
  • 0 Rooms

Other Details

  • Property Type: Land
  • Neighborhood: CHI - Edgewater
  • Basement Bathrooms: No
  • Days On Market: 7


HOA & Taxes

  • HOA Fee: 0.00
  • Tax annual amount: 17203.00
  • Tax year: 2022
  • Exemptions:
  • Association Fee Includes:

Location

Utilities Details
  • Electric to Site
  • Gas to Site
Exterior Features
  • Lot Size: 7500
  • Ownership:Fee Simple
  • Built before: -
  • Age: -
  • Exterior: -

Room Details

School Details

Elementary School
  • Name: -
  • District: 299
Middle Or Junior School
  • Name: -
  • District: 299
High School
  • Name: -
  • District: 299

Contact Agent

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The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Sohum Realty are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.