River North Development Parcel
17 E Illinois
River North Development Parcel Image
SOLD
River North Development Parcel
17 E Illinois
Chicago, IL 60611
  • Sale Price: $1,525,000
  • Investment Type: Development
  • Deal Type: Commercial Sale
  • Property Type: Land
TRANSACTION DETAILS:

Rare River North land parcel. New Phase I Environmental Report and updated survey available. Zoning: DX-12. Site Area - 5,029 land SF (100.2’ x 50.18’). 50’ of Illinois Street frontage. Development site is currently a surface parking lot with 22 spots.Site contains an easement for a vacated alley. 2012 Taxes: $19,621.71. Subject to 99-year height restriction of 206 feet dated February 15, 2001. $24,000 / year in parking income in-place - neighboring restaurant seeks continued parking lease until development begins

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