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Commercial Land

340 S Wabash Ave, Chicago, IL 60604

For Sale
Contact for pricing

The property is offered through a cash-for-deed sale, with court approval required before closing.

Property SizeContact for details
Days on Market28

Property Features for 340 S Wabash Ave

General Information

Standard status Active
Property subtype Land

Site & Location

Neighborhood Loop

Taxes and HOA fees

Annual Taxes $3,245
Listing Agency: Legacy Properties, A Sarah Leonard Company, LLC
Listed By: Nick Metrou · License IL #475208844
Source: Exprealty
Added: Oct 13 Changed: Nov 8 Last Checked: Nov 8 at 11:32AM

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 Legacy Properties, A Sarah Leonard Company, LLC

Rey
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Investment Insights

Based on property information with market context.

This land offering is structured as a cash-for-deed transaction. Closing requires at least 60 days to obtain bankruptcy court approval. The court order is intended to address liens and back taxes.

The full purchase funds are due within 10 days after an offer is accepted. No survey or title insurance is provided.

Property Analytics

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

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Buffet Tanning Salon Adult Day Care Pet Grooming Service

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

26,279
Businesses Nearby

Demographics for 60604, IL

897
Population
510
Households
1.8
Avg Household Size
34
Median Age
96%
College-Educated
98%
High-School Grad
0.1 sq mi
ZIP Area
8,970
Density / Sq Mi
$77,806
Median Household Income
$54,030
Median Earnings
$2,500
Median Rent
$577,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Land in Chicago

Jul
Aug
Sep
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Frequently Asked Questions

What type of property is this?
Land - The property is offered through a cash-for-deed sale, with court approval required before closing.
Where is this land located?
The property is located at 340 S Wabash Ave Chicago, IL.
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