0.05 Acres for Sale in Chicago, IL

Attention all Investors and Builders! Amazing opportunity to build on the south side and only blocks away from the expressway. This oversized residential lot is close to transportation. Drive by only.

Property can close through title company and include warranty deed with title insurance. Closing costs are approx $600 - $800. Inhouse closing is available with warranty deed for $99. (Property can be insured after purchase).

Zoning: RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District - Two-flats, townhouses, low-density apartment buildings, single family homes.

Allowed Uses: Multi-Unit (3+ units) Residential Two-Flat Townhouse Detached House Single-Room Occupancy Conversion Unit within Additional Dwelling Unit-Allowed Areas Coach House within Additional Dwelling Unit-Allowed Areas Assist. Living (Elderly Custodial Care) Convents and Monasteries Community Home, Family / Group

Impact Fee: Open space impact fees range from $313 to $1,253, depending on the size of the unit.

Property is not in a flood zone.

Owner Finance Options

5 years (10% APR), down payment $12,000 - monthly payment $314.46

No credit check. Everyone can buy it. No pre-payment penalty.