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Map
$540,000 - $658,000
●
Land -
In Contract
2650-2662 W Madison Street
Chicago, IL 60612
Studio
0 Bath
Transfer
Buyer
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
0.28 acres
Price per sqft
-
Property Type
Land
Property Taxes
$136
HOA Dues
-
Year Built
-
Listed By
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 | |||
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Multifamily
3
Beds
3
Baths
2,400 ft²
$238/ft²
$570,000
Mar 22, 2024
-
$813/mo
Active
House
2
Beds
2
Baths
2,000 ft²
$288/ft²
$575,000
Jan 16, 2024
-
$451/mo
Active
House
4
Beds
4
Baths
2,300 ft²
$304/ft²
$699,000
Feb 16, 2024
-
$998/mo
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