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Vacant Build-Ready Development Site
For Sale
$1,200,000

855 N California Avenue Chicago, Chicago, IL 60622

Vacant lot includes plans and permit to build seven residential units plus one commercial unit.

Property SizeContact for details
Days on Market112

Property Features for 855 N California Avenue Chicago

General Information

Standard status Active
Total Parking Spaces 12
Property subtype Land
Zoning MULTI

Site & Location

Neighborhood Humboldt Park

Taxes and HOA fees

Annual Taxes $7,674

Amenities

City Street
61X126.4
No
66
Asphalt
Listed By: Debbie Hundal
Source: Remaxadream
Added: Jul 9 Changed: Oct 25 Last Checked: Jul 9 at 6:23AM

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 Debbie Hundal

Rey
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Investment Insights

Based on property information with market context.

This build-ready vacant lot comes with plans and a permit to build a mixed-use project consisting of seven residential units and one commercial unit. The residential units are sized from 1,350 square feet to 2,000 square feet, and the proposed plan includes an 18-foot sidewalk for the commercial unit. The site is planned with 12 parking spaces and an elevator. The proposed design also indicates no basement-level bedrooms.

Plans are available upon request, and the property is described as nothing to tear down. Seller documentation supporting the approved plans and permit can be reviewed by qualified parties.

Key Highlights

  • Vacant lot with plans and permit to build 7 residential units (1,350–2,000 sq. ft.) plus 1 commercial unit
  • Includes 12 parking spaces and an elevator
  • Commercial unit includes 18 ft sidewalk

Property Analytics

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

Suggested Use

Top Pick Law Firm Accounting Firm Nursing Home Home Appliance Store Pet Grooming Service Locksmith

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

2,326
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
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 - Vacant lot includes plans and permit to build seven residential units plus one commercial unit.
Where is this residential land & home lot located?
The property is located at 855 N California Avenue Chicago Chicago, IL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Vacant lot with plans and permit to build 7 residential units (1,350–2,000 sq. ft.) plus 1 commercial unit; Includes 12 parking spaces and an elevator; Commercial unit includes 18 ft sidewalk
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