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Residential Redevelopment Lot with Garage

3322 N KOSTNER Avenue, Chicago, IL 60641

For Sale
$260,000

RS-3 lot in Irving Park with an improved garage structure, offering flexible space for workshop or staging.

Property SizeContact for details
Days on Market152

Property Features for 3322 N KOSTNER Avenue

General Information

Standard status Active
Property subtype Unimproved Land
Zoning RS-3

Site & Location

Neighborhood North Side

Amenities

Wall Unit(s)
Electric to Site
Listing Agency: Berkshire Hathaway HomeServices Chicago
Listed By: David New
Source: Kw
Added: Jun 16 Changed: Nov 2 Last Checked: Nov 12 at 12:14PM

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 Berkshire Hathaway HomeServices Chicago

Rey
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Investment Insights

Based on property information with market context.

This for-sale residential lot is improved with a garage structure on a concrete slab, which may help reduce demolition and site-prep work. The existing building is finished and currently set up as a workshop/studio configuration that includes a bedroom, kitchen, and bath. It also provides useful enclosed space that can function as storage, a workshop, an office, or a staging area during redevelopment. The structure is equipped with electrical service, while water and gas service would need to be brought to the building from Chicago mains. The property is sold AS-IS, and the structure is not being represented as a legal dwelling.

The site is described as an RS-3 25' x 125' lot in Irving Park. Prospective buyers are responsible for confirming zoning and permitted uses, as well as any requirements related to future residential use and utility connections.

For buyers and builders considering a redevelopment project, the combination of land and a finished, electrically served garage structure can support interim use while plans move forward. Because water and gas are not currently connected to the structure, due diligence on utility availability and the feasibility of bringing service to the building will be important before proceeding.

Key Highlights

  • RS‑3 25' x 125' lot in Irving Park with an improved garage structure.
  • Existing structure is set up as a workshop/studio with bedroom, kitchen, and bath.
  • Structure has electrical service; water and gas would need to be brought from Chicago mains.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Catering Service Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,676
Businesses Nearby

Demographics for 60641, IL

69,354
Population
27,377
Households
2.5
Avg Household Size
37
Median Age
36%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
17,339
Density / Sq Mi
$81,649
Median Household Income
$46,376
Median Earnings
$1,249
Median Rent
$373,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - RS-3 lot in Irving Park with an improved garage structure, offering flexible space for workshop or staging.
Where is this residential land & home lot located?
The property is located at 3322 N KOSTNER Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: RS‑3 25' x 125' lot in Irving Park with an improved garage structure.; Existing structure is set up as a workshop/studio with bedroom, kitchen, and bath.; Structure has electrical service; water and gas would need to be brought from Chicago mains.
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