127 E 107th Street, Chicago, IL 60628

The property presents an investor and redevelopment opportunity in Roseland, consisting of two separate parcels. The offering includes income-producing apartments with the ability to pursue adaptive reuse and redevelopment plans based on buyer goals and approvals. The combined site measures 50 ft by 140 ft, providing flexibility for redevelopment concepts that can be evaluated during the planning and permitting process.

Buyer may explore rezoning to B2-2, with potential for up to 8 units per lot for a total of up to 16 units, subject to zoning approval, plans, permits, and buyer verification. The location is at 127 E 107th Street in Chicago, IL 60628, and the property is being offered as a value-add acquisition suitable for a range of ownership and operating models, including investors, developers, nonprofits, owner-users, and faith-based organizations.

This configuration can support tenants or organizations seeking attainable studio-style housing, while also giving buyers room to shape the final site plan through the rezoning and approval path. Prospective buyers should conduct their own due diligence regarding zoning outcomes, permitting requirements, and feasibility for the intended number of units before proceeding. The property is listed for $325,000, with room to negotiate for a qualified buyer.