2650-2662 Madison Street, East Garfield Park, Chicago, Illinois 60612


$500,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft: —
Beds: 0
Baths: 0
Year Built: —
Property Taxes: $1,638
Days On Market: 1909
Lot Size: 0,28

Description

100 feet of frontage on Madison. Lot Total dimensions are 100 by 125. Quick Zoning Metrics: 31 dwelling units or 25 dwelling units + 8 studios. 37,500 Buildable SF. 65' height with ground floor commercial. 60' height with no ground floor commercial. You need a special use for ground-floor residential. The property qualifies for TOD bonuses but you need to do a zoning amendment to obtain them (and thus trigger affordable). Under a TOD rezoning, you can get: 41 dwelling units or 33 dwelling units + 12 studios. 50,000 Buildable SF. 75' with ground floor commercial. 70' with no ground floor commercial

Property Specifics

Lot/Land
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—
—
—
—
—
—
No
0.28
Cook
—
— / —
—
—
—
—
—
11183952
16124260220000

Property History

DATE: EVENT: PRICE: SOURCE:
26 Jul, 2024 Sold $500,000 MRED MLS
17 Jul, 2024 Under contract $599,000 MRED MLS
9 Aug, 2021 Listed for sale $599,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Bathroom Info:
Full Bathrooms: 0
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —

Other Specifics

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—
—
—
—
—
—
—
100 X 125
—
—
—
—
Not in DB
—
—
—

Tax History

Year Property Taxes
2024 $1,638

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Listing Provided By

Dream Town Real Estate