3229 California Ave, Chicago, IL 60618
2.09 Acres of Commercial Land in Chicago, IL 60618
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
- Property Type
-
Land
Listing Contacts
Ari Topper
Verified Profile
Tyler Dechter
Verified Profile
Owen Wiesner
Verified Profile
- Property Info
Property Overview
2+ Acre Development Land Site in Chicago’s Avondale Neighborhood
Baum Realty Group, LLC has been exclusively retained to offer for sale 3229-3243 N. California Avenue; an approximately 91,019 square feet (2.09 acres) land site in Chicago's vibrant Avondale neighborhood (the “Property”). The Property is irregularly shaped, positioned along the east side of the street with approximately 378 feet of frontage on busy California Ave. A portion of the site extends south to Melrose Street, yielding 125 feet of frontage on Melrose. Currently devoid of any improvements, the site sits vacant, offering a blank canvas for prospective development.
While the property has an old manufacturing zoning, the surrounding neighborhood has undergone significant transformation in recent years. With the Avondale neighborhood's evolving landscape and changing dynamics, the property is strategically positioned to transition into a multifamily/residential development site, whether it be townhomes, apartments, condominiums or single-family homes. A retail or industrial development is also a possibility.
In addition to offering the Property for sale, Ownership is open other deal structures such as Built to Suit or Joint Venture.
Baum Realty Group, LLC has been exclusively retained to offer for sale 3229-3243 N. California Avenue; an approximately 91,019 square feet (2.09 acres) land site in Chicago's vibrant Avondale neighborhood (the “Property”). The Property is irregularly shaped, positioned along the east side of the street with approximately 378 feet of frontage on busy California Ave. A portion of the site extends south to Melrose Street, yielding 125 feet of frontage on Melrose. Currently devoid of any improvements, the site sits vacant, offering a blank canvas for prospective development.
While the property has an old manufacturing zoning, the surrounding neighborhood has undergone significant transformation in recent years. With the Avondale neighborhood's evolving landscape and changing dynamics, the property is strategically positioned to transition into a multifamily/residential development site, whether it be townhomes, apartments, condominiums or single-family homes. A retail or industrial development is also a possibility.
In addition to offering the Property for sale, Ownership is open other deal structures such as Built to Suit or Joint Venture.
Property Details
- Property Subtype
- Commercial
Highlights
- High profile development opportunity in Chicago’s Avondale neighborhood
- Large footprint provides a canvas for various development opportunities
- Ownership is open to various deal types – JV, Build to Suit, or Sale
- Located near other retail & multifamily properties – logical site for a new project to add to the already thriving neighborhood
Nearby Properties
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