$425,000
1931-33 S Jefferson Street
Chicago, IL, 60616
Scheduled for Online Auction. Pre-Auction Offers Highly Encouraged! Construction opportunity for six apartments or condos; six retail units; or a mixed used development in hot East Pilsen area. The two lots are located at 1931 and 1933 South Jefferson Street in close proximity to 88 Marketplace, Chinatown, I-90 (18th street on-ramp), UIC, the “78” (future location of new White Sox Stadium), Roosevelt Street shops – Southgate Market (Whole Foods), Jewel – Osco, Home Depot and much more. There is an alley in the rear. TIF district pending. The property taxes reflect a former two flat on the property which has now been torn down. The tax appeal is in process for the 1933 South Jefferson lot (1931 South Jefferson lot is already assessed as a vacant lot). The 1933 South Jefferson Street lot was reassessed as vacant land in 2023. The 2023 taxes will reflect this. Taxes currently shown are 2022. **Buyer pays 6% buyer’s premium in addition to bid price. Minimum bid/published reserve price for online auction is $425,000.
Property Details
Price:
$425,000
MLS #:
MRD12003895
Status:
Active
Beds:
0
Baths:
0
Address:
1931-33 S Jefferson Street
Type:
Land
Subdivision:
East Pilsen
City:
Chicago
Listed Date:
Mar 14, 2024
State:
IL
ZIP:
60616
Schools
School District:
299
Interior
Exterior
Financial
Buyer Agent Compensation
2% OF BID PRICE% of Net Sale Price
Tax Year
2022
Taxes
$8,935
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of AW Properties Global/Auction Works. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Chicago, IL. All rights reserved.
1931-33 S Jefferson Street
Chicago, IL
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