New Listing
4546 S Cottage Grove Avenue,Chicago, IL 60653
Chicago, IL 60653
Description
Rare Bronzeville development opportunity offering exceptional value! Two contiguous vacant lots at 4546 and 4548 S. Cottage Grove Avenue are being sold together, providing approximately 7,150 square feet of land with B1-1 zoning. With Northwestern Medicine's expanding presence in the area and significant redevelopment underway along Cottage Grove, this highly visible location presents outstanding potential for a commercial, residential, mixed-use, or investment development. Nearby land on the block has sold for more than $1 million, making this offering an especially compelling opportunity for developers and investors. The property is conveniently located near Armstrong Park, Gwendolyn Brooks Park, Hyde Park, the University of Chicago, DuSable Lake Shore Drive, and Downtown Chicago. Approximate parcel dimensions: 4546 S. Cottage Grove: 25' 170' - approximately 4,250 sq. ft. 4548 S. Cottage Grove: 25' 116' - approximately 2,900 sq. ft. Combined land area: approximately 7,150 sq. ft. Current zoning: B1-1 Take advantage of the continued growth and investment occurring throughout this vibrant Bronzeville corridor. The two parcels are being offered together. Buyer must verify zoning, allowable uses, lot dimensions, and development requirements with the City of Chicago.
Details
| MLS # | 12737695 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 6 |
| Listing Provided By | Coldwell Banker Realty | Paulette Edwards |
Features
| Zoning | OTHER |
|---|---|
| Acreage | 0.16 |
Interior
| Laundry Features | None |
|---|
Utilities
| Utilities | None |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 1849.84 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60653) | |
Price: $429,000 low | high Med: $298,900 On site: 6 low | high Med: 38 | |
Market Activity 60653
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60653 |
| Area | CHI Grand Boulevard |
| Listing VS Median (in 60653) | |
Price: $429,000 low | high Med: $298,900 On site: 6 low | high Med: 38 | |
