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3953 Michigan Ave Chicago, IL 60653

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For Sale
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31,200 SF lot, ideal development.

Property Features for 3953 Michigan Ave

General Information

Property type
Land

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Listing Contact
Joe Padorr
Joe Padorr

Listing Agency: Seneca Real Estate Group Listing Agent: Joe Padorr

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 31,200 square foot land parcel, located at 3953 S. Michigan Ave in Chicago, IL, presents a remarkable development opportunity. Situated in the Bronzeville Opportunity Zone, this property boasts an M1-3 zoning designation and offers significant potential for transit-oriented development (TOD). The lot measures approximately 195 feet along South Michigan Avenue and extends 160 feet in depth (.72 acres). Its prime location is adjacent to the CTA Green Line station at South Indiana and East 40th Street, ensuring excellent accessibility and high visibility. The property includes both land and an existing building. Note that an adjacent 22,400 square foot land site at 3954 S. Indiana Avenue is also available for purchase. The Cook County Assessor's Parcel Number (APN) is 20-03-102-008-0000. This property is categorized as residential land. This is a unique chance to capitalize on the vibrant Bronzeville neighborhood and its strong growth potential. The property's size and zoning make it suitable for a variety of development projects. Serious inquiries are encouraged.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.623131416174
Latitude
41.82198700996

FAQs

What type of property is this?
Land - 31,200 SF lot, ideal development.
Where is this land located?
The property is located at 3953 Michigan Ave Chicago, IL.
What are key features of this property?
This property features: Exceptional 31,200 SF development opportunity in Chicago's Bronzeville Opportunity Zone.; M1-3 zoning allows for transit-oriented development (TOD).; Prime location: 195' frontage on S. Michigan Ave, adjacent to CTA Green Line.
(312) 316-2300 Call to check price and availability
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