3953 S Michigan Ave Chicago, IL 60653
Land and building in Bronzeville Opportunity Zone near CTA Green Line.
Type:Land
Lot size:
0.72 Acres- Added:
- May 19, 2022
- Days on Market:
- 1433
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for 3953 S Michigan Ave
General Information
- Standard status
- Active
- Lot size
- 0.72 Acres
- Property subtype
- Land
Listing agent Joe Padorr License #IL 475142710
Listing office Seneca Real Estate Group
Listing date May 19, 2022
Source Crexi
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 Seneca Real Estate Group
Overview
Bronzeville Opportunity Zone Land
This property features land and a building situated within a Bronzeville Opportunity Zone. The site is zoned M1-3, but the city is willing to support a zoning change to B3, which would allow for residential development. The property encompasses approximately 31,200 square feet, equivalent to 0.72 acres. It has dimensions of 195 feet along S. Michigan Avenue and a depth of 160 feet. The property is located adjacent to the CTA Green Line Station at S. Indiana Avenue and E. 40th Street, offering transit-oriented development potential. The offering includes both the building and the land.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.622703
- Latitude
- 41.8221791
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Land and building in Bronzeville Opportunity Zone near CTA Green Line.
Where is this commercial land located?
The property is located at 3953 S Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Large lot: Approx. 31,200 sq ft (.72 acres) with dimensions of 195' x 160'.; Zoning change potential: City support for rezoning to B3 to allow residential development.; Excellent location adjacent to CTA Green Line Station at S. Indiana and E. 40th St.
