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3953 Michigan - Bronzeville Opportunity Zone property 0.72 Acres of Residential Land in Chicago, IL 60653
Investment Highlights
- Outstanding Bronzeville Development site
- Adjacent to CTA Green Line Station
- In Opportunity Zone
- Includes exinsting 15,000 sf former youth center and playground
Executive Summary
Outstanding development opportunity in Bronzeville Opportunity Zone next to the CTA Green Line station. TOD potential here. This property is zoned M1-3, however, the Alderman has expressed support of a potential zoning change to B3 for the right development.
Property Facts
| Sale Type | Investment | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | Parcel Number | 20-03-102-008-0000 |
| Zoning | M1-3 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 0.72 AC |
| Opportunity Zone |
Yes |
| Zoning | M1-3 |
| Parcel Number | 20-03-102-008-0000 |
1 Lot Available
Lot
| Lot Size | 0.72 AC |
| Lot Size | 0.72 AC |
Bronzeville Opportunity Zone Land zoned M1-3 but support for zoning change to B3. 31,200 sf (.72 acres).195' along S. Michigan, 160' depth. Adjacent to CTA Green Line Station at S. Indiana / E. 40th St. TOD potential. Building and Land.
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100
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3953 Michigan - Bronzeville Opportunity Zone property
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