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Map
$808,851*
●
Land -
Off Market
530 E 40th Street
Chicago, IL 60653
Studio
0 Bath
$716,000 - $874,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model
About This Property
Land for sale in booming Bronzville, along Chicago's Lakefront.
Ownership will consider a development contingency from
experienced developers. The property is situated in both an
opportunity zoning and TIF district. This offering provides a
unique opportunity to build on a prime site that is within walking
distance to both the CTA train and the beach along with offering
easy access to Lake Shore Drive and I(90). Bronzeville is in
the midst of a development boom including the $3.8 billion dollar
Bronzeville Lakefront mixed-use development (former Michael Reese
Hospital site). Flourishing demand for housing is driven by the
proximity to transportation, the lakefront, and the Loop.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$591
HOA Dues
-
Year Built
-
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Sep 20, 2023 | No longer available | - | |
No longer available | |||
Sep 20, 2023 | Sold | $650,000 | |
Sold | |||
Jul 28, 2023 | In contract | - | |
In contract | |||
Apr 5, 2023 | Listed | $795,000 | |
Listed | |||
Apr 2, 2023 | 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
Sold
House
3
Beds
2
Baths
-
$650,000
Aug 21, 2020
$650,000
Dec 31, 2020
$455/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/19/2022
|
|
Loft
|
-
|
-
|
$850,000
Loft
-
|
-
-
|
-
|
Steven Rapoport
Chicago Real Estate Resources
|
Building Info
530 East 40th Street
530 East 40th Street, Chicago, IL 60653
- 1 Unit for Sale