310-314 West 75th StreetChicago, IL 60621Price: $85,000

  • Price: $85,000
  • 76 Days on Market
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Federal 30-year interest rate: 7.22% last updated on Nov 30, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1900Year Built

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MoHall Commercial proudly offers a strategically located 8,928 square foot lot poised for transformation in the thriving Greater Grand Crossing neighborhood. Boasting a substantial daily traffic count of 7,377 and zoned B3-2, this site stands as a prime candidate for a dynamic Mixed-Use development project. Situated in the heart of Greater Grand Crossing, this lot enjoys exceptional visibility and accessibility, primed for a development that aligns with the area's growing demand. 310 W 75th, a former retail shop, and 312 W 75th, previously home to a BBQ restaurant and a longstanding barbershop, offer a wealth of possibilities. Nestled behind the commercial storefronts, 314 W 75th presents a solid brick, two-unit Multi-Family building. The first floor features a comfortable 1 bedroom, 1 bath layout, while the second floor offers a spacious 2 bedroom, 1 bath configuration complete with an attic. For seasoned Real Estate Developers, this property qualifies for the coveted SBIF Grant, along with other City-led initiatives, providing a compelling financial edge to the project. Bring in your trusted General Contractor, as this property invites a comprehensive renovation to unlock its full potential and capitalize on this remarkable investment.

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Listed by Moses Hall of MoHall Commerical & Urban Development

Based on information submitted to MRED  as of December 7, 2023 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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