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1863 S Kostner Ave
Chicago, IL 60623
Land For Sale
·
0.21 AC
Investment Highlights
- Convenient curb cut provides direct vehicle access for logistics or fleet operations.
- Utilities available on-site include electricity and natural gas, with water service nearby.
- Quick access to I-290 Eisenhower Expressway, ensuring efficient routes to Downtown Chicago and suburbs.
- Positioned on a corner location adjacent to a park, offering visibility and accessibility advantages.
Executive Summary
This 8,932-square-foot parcel offers a strategic opportunity in Chicago’s North Lawndale neighborhood. Zoned M1-1, the site supports a wide range of permitted uses, including light manufacturing, warehousing, distribution, contractor shops, and business services. The property features a curb cut for convenient ingress and egress, making it well-suited for logistics operations, fleet parking, or redevelopment for commercial or industrial purposes
Property Facts
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 0.21 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | Opportunity Zone |
Yes
|
| Zoning | M1-1 - Mixed Commercial and Light industrial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.21 AC |
| No. Stories | 1 |
| Opportunity Zone |
Yes |
| Zoning | M1-1 - Mixed Commercial and Light industrial |
1 Lot Available
Lot
| Price | $307,279 CAD | Lot Size | 0.21 AC |
| Price Per AC | $1,463,231.77 CAD |
| Price | $307,279 CAD |
| Price Per AC | $1,463,231.77 CAD |
| Lot Size | 0.21 AC |
The lot measures approximately 89 feet by 100 feet, totaling 0.21 acres. It is situated on a city street with asphalt and concrete frontage and includes an existing curb cut for vehicle access. The property is zoned M1-1.
Description
Located steps from the CTA Pink Line at Kostner and near Cicero Avenue, the site provides excellent public transit connectivity and quick access to the I-290 Eisenhower Expressway. This prime location ensures efficient transportation links to Downtown Chicago and surrounding suburbs, enhancing operational efficiency for businesses. With utilities such as electricity and natural gas available and water nearby, the lot is ready for development.
Property Taxes
| Parcel Number | 16-22-409-038-0000 | Improvements Assessment | $1,438 CAD |
| Land Assessment | $15,364 CAD | Total Assessment | $16,802 CAD |
Property Taxes
Parcel Number
16-22-409-038-0000
Land Assessment
$15,364 CAD
Improvements Assessment
$1,438 CAD
Total Assessment
$16,802 CAD
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