530 E 40th Street
Chicago, IL 60653
$795,000
Price
20,259
Sq. Ft.
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Executive Summary

CRER is proud to offer 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 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.

 

Property Location

Chicago » 60653 » 530 E 40th Street

Property Details

Status Closed
Listing Type For Sale
Property Type Land
Size 20,259 Sq. Ft.
Price $795,000

Broker Contact

Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

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Shayne Dorazio

Shayne D'Orazio

Mobile: (614) 745-4215

Office: (773) 327-9300

Email: ShayneD@crer.com

vCard: Download

Chicago Property Management Services

CRER Is Expanding Its Property Management Portfolio

At CRER, we pride ourselves on being more than just a Property Management Company. We are partners in your success.
Our commitment is to safeguard your property's value and maximize its income potential. From our Lease Management to Advanced Tenant Screening, we ensure every detail is managed with precision.

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CRER Client

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"As a property owner who has worked with CRER, I've found their approach to multi-family property management both professional and effective, particularly in their responsiveness to maintenance issues and their skill in balancing the needs of owners and tenants."



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