Active · For Sale · Land

4743 S Washtenaw Avenue, Chicago, IL 60632

MLS #12716364

4743 S Washtenaw Avenue, Chicago, IL 60632
4743 S Washtenaw Avenue, Chicago, IL 60632CRER
4743 S Washtenaw Avenue, Chicago, IL 60632

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4743 S Washtenaw Avenue, Chicago, IL 60632

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The property

Executive summary

An exceptional opportunity to acquire approximately 75,000 square feet (1.72 acres) of strategically located development land in Chicago's Brighton Park neighborhood. This highly visible infill site offers tremendous potential for investors, developers, owner-users, and those seeking a well-positioned asset in one of Chicago's established growth corridors. The site was previously approved by the City of Chicago as Residential Planned Development. It demonstrates both the quality of the location and the City's prior support for residential redevelopment on this site. Buyers are encouraged to conduct their own due diligence regarding current zoning, entitlements, redevelopment options, and future land-use possibilities. The property is zoned M1-2 Limited Manufacturing District, providing flexibility for numerous industrial and commercial uses, including warehouse, distribution, flex-industrial, contractor facilities, manufacturing, and other permitted uses. The location offers exceptional accessibility with convenient access to Interstate 55, Interstate 90/94, Midway International Airport, and the BNSF Corwith Intermodal Terminal, making it equally attractive for logistics operations, industrial development, or future redevelopment opportunities. Buyer to independently verify zoning, permitted uses, utilities, environmental conditions, and redevelopment potential.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$7,539 (2024)

Property Details

Lot Size
74,923 SF
Lot Acreage
1.72
Lot Dimensions
259X289
Zoning
PUD
Parcel Number
19122020250000

Operations & Utilities

Utilities
Electricity Nearby, Natural Gas Nearby
Possession
Closing

Location & Use

County
Cook
Market Area
Chicago - Brighton Park
Township
Lake
Potential Use
Condominium, Development, M
Location
Corner, In City Limits
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.