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Listed by Damon Danceof Devise Property Group LLC
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Est. payment /mo
Price Dropped by $20K
2823 W Monroe ST Chicago, IL 60612
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12771915
Annual Tax Amount $2,106
Tax Year 2025
Lot Dimensions 56.25 x 124.1
Property Sub-Type Land
Property Description
Permit-ready 8-unit development site about 1 mile west of the United Center. Three contiguous RT-4 parcels totaling 6,981 SF (approx. 56.25 x 124.1) with a complete architect's permit set for a 4-story building of eight 3-bed/2-bath units of approx. 1,374 SF each. By-right design: two ground-floor Type A units allow 8 units with no zoning change. Type III-A, non-sprinklered construction to keep costs down. Four parking pad spaces off the alley. Transit-served, about 0.4 mi to the California Green/Pink Line. Building permit application filed Sept 2026. Nearby: the $7B 1901 Project now under construction around the United Center, new 8-flats permitted on Madison, and steady new 3-flat construction. Skip 12+ months of design and permitting. Offering memorandum, plat of survey and plans excerpt attached. All three parcels sold together.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby, Water Nearby
View Y/N true
Building
Sewer Public Sewer
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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