See Home Value
Chicago 60612 Near West Side
2650-2662 West Madison Street
$919,650*
Land - Off Market

2650-2662 West Madison Street

Chicago, IL 60612
bedrooms
Studio
bathrooms
0 Bath
$720,000 - $878,000
Reference Base Price*
15.10%
Since Nov 1, 2021
IL-Chicago
Primary Model

About This Property

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
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,638
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Mar 28, 2024 In contract -
In contract
Oct 6, 2021 No longer available -
No longer available
Aug 9, 2021 Listed $599,000
Listed
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…
Jun 25, 2021 In contract -
In contract
Jun 12, 2021 No longer available -
No longer available
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Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
7,087 ft²
$95/ft²
$675,000 Feb 22, 2024
-
$654/mo
House
5 Beds
2 Baths
3,000 ft²
$267/ft²
$800,000 Sep 21, 2023
-
$773/mo
House
3 Beds
3 Baths
2,152 ft²
$369/ft²
$795,000 Feb 29, 2024
-
$1,055/mo
Multifamily
4 Beds
-
-
$725,000 Feb 25, 2024
-
$826/mo
Multifamily
5 Beds
-
-
$899,000 Feb 28, 2024
-
-
House
4 Beds
4 Baths
2,300 ft²
$304/ft²
$699,000 Feb 16, 2024
-
$998/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210312
03/12/2021
Loft
-
-
$995,000
bedrooms
Loft
bathrooms
-
-
-
-
-

Building Info

2650 West Madison Street 2650 West Madison Street, Chicago, IL 60612
  • 1 Unit for Sale
More about this Building
2650 West Madison Street
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About West Side


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