4058 W Melrose Street 3240 & 3301 N Karlov Avenue Chicago, IL 60632
Three vacant land parcels suitable for redevelopment in Chicago, IL.
Type:Land
Lot size:
2.04 Acres- Added:
- Oct 21, 2024
- Days on Market:
- 528
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 4058 W Melrose Street 3240 & 3301 N Karlov Avenue
General Information
- Standard status
- Active
- Lot size
- 2.04 Acres
- Property subtype
- Land
Listing agent Ari Topper License #IL 475.132043
Listing office Baum Realty Group
Listing date Oct 21, 2024
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 Baum Realty Group
Overview
Urban Land Parcels for Redevelopment
Three urban vacant land parcels, totaling 88,672 square feet, are available for sale either together or separately. This offers flexibility for various types of redevelopment, with zoning contingencies to be considered. One parcel, located at 4058 W. Melrose Street, comprises 42,807 square feet of land at the northeast corner of Melrose Street and Karlov Avenue. This site, formerly a hospital and medical campus, has had all structures demolished and is now ready for redevelopment. Another parcel, situated at 3240 N. Karlov Avenue, consists of 33,220 square feet of land on the west side of Karlov Avenue, extending a full city block from Melrose Street to the south and School Street to the north. This parcel is improved with a paved and gated parking lot. The third parcel, located at 3301 N. Karlov Avenue, offers 12,645 square feet of land at the northeast corner of Karlov Avenue and School Street and is also improved with a paved and gated parking lot.
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7267014
- Latitude
- 41.8182644
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - Three vacant land parcels suitable for redevelopment in Chicago, IL.
Where is this commercial land located?
The property is located at 4058 W Melrose Street 3240 & 3301 N Karlov Avenue Chicago, IL.
What are key features of this property?
This property features: Large combined area: 88,672 SF total across three parcels.; Redevelopment potential: Well‑suited for various types of redevelopment.; Flexible purchase options: Parcels can be purchased separately or together.
