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Kilbourn Park / Irving Park Development 2 Land Properties in Chicago, IL
Investment Highlights
- All three parcels were recently rezoned to RM-4.5
Executive Summary
Three urban vacant land parcels totaling 88,672 SF can be sold together or separately offering tremendous flexibility. Properties are well suited for various types of redevelopment. Zoning contingencies will be considered. Parcels can be purchased separately. Contact Broker for Pricing.
4058 W. Melrose Street — 42,807 SF of land at the northeast corner of Melrose Street and Karlov Avenue. The site of a former hospital and medical campus, all structures have been demolished and the parcel is ready for redevelopment.
3240 N. Karlov Avenue (UNDER CONTRACT) — 33,220 SF of land on the west side of Karlov Avenue, running a full city block from Melrose Street to the south to School Street to the north. The parcel is improved with a paved and gated parking lot.
3301 N. Karlov Avenue (JUST SOLD) — 12,645 SF of land at the northeast corner of Karlov Avenue and School Street. Like the 3240 N. Karlov lot, the parcel is improved with a paved and gated parking lot.
All three parcels were recently rezoned to RM-4.5.
4058 W. Melrose Street — 42,807 SF of land at the northeast corner of Melrose Street and Karlov Avenue. The site of a former hospital and medical campus, all structures have been demolished and the parcel is ready for redevelopment.
3240 N. Karlov Avenue (UNDER CONTRACT) — 33,220 SF of land on the west side of Karlov Avenue, running a full city block from Melrose Street to the south to School Street to the north. The parcel is improved with a paved and gated parking lot.
3301 N. Karlov Avenue (JUST SOLD) — 12,645 SF of land at the northeast corner of Karlov Avenue and School Street. Like the 3240 N. Karlov lot, the parcel is improved with a paved and gated parking lot.
All three parcels were recently rezoned to RM-4.5.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Land Area | 1.74 AC |
| Number of Properties | 2 |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Land Area | 1.74 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 4058 W Melrose St, Chicago, IL 60641 | Land | 0.98 AC | - |
| 3240 N Karlov Ave, Chicago, IL 60641 | Land | 0.76 AC | - |
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Kilbourn Park / Irving Park Development
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