$397,500
$350,000
13.6%For more information regarding the value of a property, please contact us for a free consultation.
1931-33 S Jefferson Street Chicago, IL 60616
Key Details
Sold Price $397,500
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision East Pilsen
MLS Listing ID 12003895
Sold Date 09/06/24
Annual Tax Amount $8,935
Tax Year 2022
Lot Dimensions 50 X100
Property Description
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.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
Utilities Available Electric Nearby, Electric to Site, Gas Nearby, Gas to Site, Sanitary Sewer, Water-Municipal, Water Nearby, Water to Site
View Y/N true
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Diana Peterson • AW Properties Global/Auction Works