An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.
| MLS # | 12668102 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 92 |
| Listing Provided By | Chicago Properties Firm | Cristian Leiva |
| Acreage | 0.21 |
|---|
| Utilities | None |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 2739.21 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI Gage Park |
| School District | Kelly High School |
| Elementary School | Nightingale Elementary School |
| High School | Kelly High School |
| Listing VS Median (in 60609) | |
Price: $250,000 low | high Med: $246,000 On site: 92 low | high Med: 76 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60609 |
| Area | CHI Gage Park |
| School District | Kelly High School |
| Elementary School | Nightingale Elementary School |
| High School | Kelly High School |
| Listing VS Median (in 60609) | |
Price: $250,000 low | high Med: $246,000 On site: 92 low | high Med: 76 | |