2650-2662 W Madison Street Chicago, IL ^$ 599,000

2650-2662 W Madison Street

^$ 599,000

Back to search

2650-2662 W Madison Street

Chicago, IL, 60612

^$ 599,000

Studio Baths0.0

Monthly Estimate*

^$ 4,184

2650-2662 W Madison Street, Chicago, IL 60612 - Image 1

2650-2662 W Madison Street, Chicago, IL 60612 - Image 2

2650-2662 W Madison Street, Chicago, IL 60612 - Image 3

2650-2662 W Madison Street, Chicago, IL 60612 - Image 4

2650-2662 W Madison Street, Chicago, IL 60612 - Image 5

2650-2662 W Madison Street, Chicago, IL 60612 - Image 6

2650-2662 W Madison Street, Chicago, IL 60612 - Image 7

2650-2662 W Madison Street, Chicago, IL 60612 - Image 8

2650-2662 W Madison Street, Chicago, IL 60612 - Image 9

2650-2662 W Madison Street, Chicago, IL 60612 - Image 10

2650-2662 W Madison Street, Chicago, IL 60612 - Image 11

Studio

Lots and Land for sale in Chicago, IL

for $599,000. The lot size is 0.28.

100 feet of frontage on Madison. Lot Total dimensions are 100 by 125. Quick Zoning Metrics: 31 dwelling units or 25 dwelling units + 8 studios. 37,500 Buildable SF. 65' height with ground floor commercial. 60' height with no ground floor commercial. You need a special use for ground-floor residential. The property qualifies for TOD bonuses but you need to do a zoning amendment to obtain them (and thus trigger affordable). Under a TOD rezoning, you can get: 41 dwelling units or 33 dwelling units + 12 studios. 50,000 Buildable SF. 75' with ground floor commercial. 70' with no ground floor commercial

Lots and Land Contingent

Price

^$ 599,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,637

Style

Multi-Family

Lot Size

0.28

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11183952

Features

General

Cooling None

Utilities Electric to Site Gas to Site Sanitary Sewer Sewer-Storm Available Water-Municipal Water to Site

Possession Closing

Zoning MULTI

Township West Chicago

Tax Year 2021

Current Use Multi-Family

Percent Ownership Fee Simple

County Cook

Property Type Land Land

Contingency Attorney/Inspection

Status Contingent

Directions WEST OF WESTERN/EAST OF CALIFORNIA

City Chicago

High School District 299

MLS Area CHI - East Garfield Park

Waterfront Y/N N

Street Name Madison

Tax Annual Amount 1637.9

Days on Market 961

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 100 X 125

Lot Size Acres 0.28

Road Surface Type Asphalt

Frontage Length 100

Frontage Type City Street

Interior

Street Suffix Street

Laundry Features None

Total Baths 0

Basement None

* Excluded Features

List By

Dream Town Real Estate

Broker

mitirpatel@gmail.com;mitirpatel@dreamtown.com

Affordability Calculator

$4,321

Per Month

Monthly Principal & Interest: $4,184
Monthly Property Taxes: $136
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$306,716

Percent of Sale Price 49%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/9/2021	$599,000		Listed Price

Map

More homes like this one

homes for you

See all

2650-2662 W Madison Street, Chicago, IL, 60612 is a Lots and Land for sale at $599,000 with a lot size of 0.28. 2650-2662 W Madison Street is a studio with 0.0 baths. The property's zip code is 60612 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/30/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

2650-2662 W Madison Street

Lots and Land for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home