Urban Land Redevelopment
3240 N Karlov Ave Chicago, IL 60641
3240 N Karlov Ave, Chicago, IL, 60641
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For Sale
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Three vacant urban land parcels totaling 88,672 SF, offered individually or together, each suitable for redevelopment.
Lot Size0.76 Acres
Days on Market188
Property Features for 3240 N Karlov Ave
General Information
- Standard status
- Active
- Lot size
- 0.76 Acres
- Property subtype
- LAND
Listing agency
Baum Realty
(312) 275-3113
Listed by
Ari Topper, CFA · License #471021285
Source
Moodyscre
Added: Jan 16 Updated: Jul 22 at 10:34PM Checked: Jul 22 at 10:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Baum Realty
Investment Insights
Based on property information with market context.
Three urban vacant land parcels totaling 88,672 SF are available for sale either together or separately, providing flexibility for redevelopment planning. The properties are positioned to support a range of redevelopment approaches, and zoning contingencies will be considered.
One parcel is located at the northeast corner of Melrose Street and Karlov Avenue, and it represents the former site of a hospital and medical campus, with all structures demolished and the land ready for redevelopment. A second parcel sits on the west side of Karlov Avenue and runs a full city block from Melrose Street south to School Street. The third parcel is at the northeast corner of Karlov Avenue and School Street.
Two of the parcels are improved with paved and gated parking lots, while the Melrose Street/Karlov Avenue parcel is unimproved following demolition.
One parcel is located at the northeast corner of Melrose Street and Karlov Avenue, and it represents the former site of a hospital and medical campus, with all structures demolished and the land ready for redevelopment. A second parcel sits on the west side of Karlov Avenue and runs a full city block from Melrose Street south to School Street. The third parcel is at the northeast corner of Karlov Avenue and School Street.
Two of the parcels are improved with paved and gated parking lots, while the Melrose Street/Karlov Avenue parcel is unimproved following demolition.
Key Highlights
- Three urban vacant land parcels totaling 88,672 SF—available individually or together for flexible redevelopment options.
- 4058 W. Melrose St: 42,807 SF at the northeast corner of Melrose St and Karlov Ave; former hospital/medical campus site with all structures demolished.
- 3240 N. Karlov Ave: 33,220 SF on the west side of Karlov Ave, running a full city block from Melrose St to School St; improved with a paved and gated parking lot.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Three vacant urban land parcels totaling 88,672 SF, offered individually or together, each suitable for redevelopment.
Where is this commercial land located?
The property is located at 3240 N Karlov Ave Chicago, IL.
What are key features of this property?
This property features: Three urban vacant land parcels totaling 88,672 SF—available individually or together for flexible redevelopment options.; 4058 W. Melrose St: 42,807 SF at the northeast corner of Melrose St and Karlov Ave; former hospital/medical campus site with all structures demolished.; 3240 N. Karlov Ave: 33,220 SF on the west side of Karlov Ave, running a full city block from Melrose St to School St; improved with a paved and gated parking lot.
