SHORT SALE INCREDIBLE VALUE 12,040 LOT FOR DEVELOPMENT ALERT. FORMER 8084 SF SINGLE FAMILY, BUILT IN 1931 WAS FORMERLY NORTH SHORE REST HAVEN & BECAME A LICENSED DAYCARE IN 1979 AND CURRENTLY OPERATES AS SUCH. PROPERTY IS SUITABLE FOR CURRENT USE AS A DAYCARE OR REHAB TO DESIRED USE. POTENTIAL USES INCLUDE COMMUNITY CENTER, SCHOOL, APARTMENT UNITS, HEALTH CARE, NURSING/CONVALESCENT HOME, RELIGIOUS GATHERING PLACE, OFFICE USE, SINGLE FAMILY DEVELOPMENT, CONDO/TOWNHOME DEVELOPMENT, HOLD FOR INVESTMENT, HOLD FOR DEVELOPMENT OR DE-CONVERT TO AN INCREDIBLE GRAND HOME. THIS LOT IS 12,040SF, 150 X 85 X 179 X 164, .27 ACRE & ZONED RT-4 ALLOWS FOR 10 TOWNHOMES, OR 25 SMALLER UNITS WITH A ZONING CHANGE TO D1-3. DUE TO THE LOCATION & PROXIMITY TO CTA/TRANSIT, YOU MAY BE ALLOWED A PARKING REDUCTION. TAXES PRORATED AT 100%. 3 MINUTES WALK TO HOWARD ST. CTA REDLINE STOP. THIS IS A SHORT SALE, HOWEVER AN APPROVAL CAN BE OBTAINED IN 7 DAYS APPROVAL TURNAROUND TIME / SHOWINGS AFTER 6PM ONLY OR WEEKENDS / DO NOT DISTURB ONGOING DAYCARE BUSINESS OPERATIONS / AS-IS & WHERE-IS SALE / SELLER WILL NOT UNDERTAKE ZONING CHANGES (PRICED ACCORDINGLY) / LENDER MAY RE-WRITE FINANCING FOR THE RIGHT BUYER / POSSIBILITY FOR OWNER TO RENT BACK. (NEITHER AGENT NOR SELLER REPRESENT SUITABILITY OR LEGALITY OF PROPERTY USES) WON'T LAST LONG!
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