Contingent
5428 N Winthrop Chicago, IL 60640
5428 N Winthrop Chicago, IL 60640
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.
- Listing Courtesy of: @properties Christie's International Real Estate
Address
Open on Google Maps- Address 5428 N Winthrop
- City Chicago
- State/county IL
- Zip/Postal Code 60640
- Country Cook
Details
Updated on October 31, 2024 at 2:52 pm- Property ID: MRD12196627
- Price: $1,199,000
- Property Type: Land
- Property Status: Contingent
- Parcel Number: 14082040190000
- Buyer Agent MLS Id: MRD167377
- Days On Market: 7
- Purchase Contract Date: 2024-10-30
- Basement Bath(s): No
- Cumulative Days On Market: 7
- Tax Annual Amount: 1433.58
- Directions: Just north of Balmoral. Winthrop is a one going south from Bryn Mawr.
- Buyer Office MLS ID: MRD87611
- Township: Lake View
- Contingency: Attorney/Inspection
- CurrentUse: Single Family
- FrontageLength: 50
- FrontageType: City Street
- Subdivision Name: Edgewater Beach
- Utilities: Electric to Site,Gas to Site
Overview
Property ID: MRD12196627
- Land
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