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1471 E 67th St 23 Unité Immeuble d’appartements 684 395 $ CAD (29 756 $ CAD/Unité) Chicago, IL 60637
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Résumé de l'annonce
Midwest Investment Advisors with KW Commercial and Keller Williams ONEChicago is pleased to present 1471 E 67th St, Chicago, IL 60637—a vacant mixed-use retail and residential asset being offered for redevelopment/land value.
The property is fully vacant and currently configured with 7 commercial units, 12 studio apartments, and 4 one-bedroom apartments. The retail and residential portions require a full renovation, creating a clear value-add path to reposition the building and restore the apartments as income-producing units.
Neighborhood Overview: South Shore & East Woodlawn
South Shore—bordering the fast-evolving East Woodlawn corridor—has become a key target for South Side reinvestment due to its lakefront proximity, strong neighborhood identity, and accelerating development pipeline.
Proximity to Major Developments: Located near Jackson Park and the Obama Presidential Center, positioning the site to benefit from increased foot traffic, visibility, and long-term economic lift.
Mixed-Use Upside: B3-3 zoning supports community shopping districts and encourages a blend of commercial and residential uses, ideal for developers pursuing modern mixed-use concepts.
Rising Investment Momentum: The submarket is seeing increased public and private investment, strengthening the long-term fundamentals for redevelopment plays.
Positive Economic Indicators for South Shore
Development Activity: Continued neighborhood investment and nearby catalytic projects are expected to support value growth and future demand for both housing and neighborhood-serving retail.
Transit Connectivity: Excellent access via the South Shore Metra line and multiple CTA bus routes, providing efficient connections to downtown and major employment nodes.
Residential Demand Tailwinds: Growing interest from professionals and families is increasing demand for quality housing—supporting mixed-use projects that integrate retail, services, and residential living.
The property is fully vacant and currently configured with 7 commercial units, 12 studio apartments, and 4 one-bedroom apartments. The retail and residential portions require a full renovation, creating a clear value-add path to reposition the building and restore the apartments as income-producing units.
Neighborhood Overview: South Shore & East Woodlawn
South Shore—bordering the fast-evolving East Woodlawn corridor—has become a key target for South Side reinvestment due to its lakefront proximity, strong neighborhood identity, and accelerating development pipeline.
Proximity to Major Developments: Located near Jackson Park and the Obama Presidential Center, positioning the site to benefit from increased foot traffic, visibility, and long-term economic lift.
Mixed-Use Upside: B3-3 zoning supports community shopping districts and encourages a blend of commercial and residential uses, ideal for developers pursuing modern mixed-use concepts.
Rising Investment Momentum: The submarket is seeing increased public and private investment, strengthening the long-term fundamentals for redevelopment plays.
Positive Economic Indicators for South Shore
Development Activity: Continued neighborhood investment and nearby catalytic projects are expected to support value growth and future demand for both housing and neighborhood-serving retail.
Transit Connectivity: Excellent access via the South Shore Metra line and multiple CTA bus routes, providing efficient connections to downtown and major employment nodes.
Residential Demand Tailwinds: Growing interest from professionals and families is increasing demand for quality housing—supporting mixed-use projects that integrate retail, services, and residential living.
Faits sur la propriété
| Prix | 684 395 $ CAD | Classe d’immeuble | F |
| Prix par unité | 29 756 $ CAD | Taille du lot | 0,16 AC |
| Type de vente | Investissement | Taille du bâtiment | 13 283 pi² |
| Condition de vente | Projet de redéveloppement | Occupation moyenne | 0% |
| Nombre d’unités | 23 | Nombre d’étages | 3 |
| Type de propriété | Immeuble residentiel | Année de construction | 1913 |
| Sous-type de propriété | Appartement | Zone de développement économique |
Oui
|
| Style d’appartement | De faible hauteur | ||
| Zonage | B3-3 | ||
| Prix | 684 395 $ CAD |
| Prix par unité | 29 756 $ CAD |
| Type de vente | Investissement |
| Condition de vente | Projet de redéveloppement |
| Nombre d’unités | 23 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | F |
| Taille du lot | 0,16 AC |
| Taille du bâtiment | 13 283 pi² |
| Occupation moyenne | 0% |
| Nombre d’étages | 3 |
| Année de construction | 1913 |
| Zone de développement économique |
Oui |
| Zonage | B3-3 |
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 4 | - | - |
| Studios | 12 | - | - |
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Impôts fonciers
| Numéro de lot | 20-23-402-006-0000 | Évaluation des bâtiments | 117 521 $ CAD |
| Évaluation du terrain | 9 409 $ CAD | Évaluation totale | 126 930 $ CAD |
Impôts fonciers
Numéro de lot
20-23-402-006-0000
Évaluation du terrain
9 409 $ CAD
Évaluation des bâtiments
117 521 $ CAD
Évaluation totale
126 930 $ CAD
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1471 E 67th St
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