Don't miss this rare opportunity on one of Lincoln Park's most desirable streets. Surrounded by some of Chicago's most significant multi-million dollar homes, this special lot is extra wide (28 feet) and unusually deep (131 feet) allowing you to build a substantial city home with comfortably proportioned living space and generous outdoor space including a big backyard! R-5 zoning permits you to build a home that is both higher and longer than typical.There is currently an easy-to-rent 3-flat on the property. The main level includes two 1-bedroom units and the upper level includes a 3-bedroom, one bath unit. Each of the main level units are rented for $900/month with a kick-out clause. The top floor apartment is currently vacant but should rent for approximately $2,500/month. Approximately $51,600 of annual gross revenue should make a big dent in your expenses while you design your dream home, get bids and apply for permits.This Lincoln Park address is just minutes from the city's central business district, theatre district and public transportation. The neighborhood's dynamic collection of restaurants, boutiques, shops and theater offers the ability to explore the best of city living.p
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
