5962 West Iowa Street, Chicago, IL

$45,000

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0.07

Acres

About 5962 West Iowa Street

Developer Alert: Prime RS-3 Zoned Lot at 5962 W Iowa, Chicago, Illinois. Unlock the potential of this 25' x 120' RS-3 zoned lot in Chicago's revitalizing Austin neighborhood. This offering includes professionally designed architectural plans crafted by the esteemed Rus Architects/Renderers, Inc. Led by Rus Blemker, a self-certified architect in Chicago with over 25 years of experience in custom residential design, these plans save you both time and money. Key Features include zoning flexibility: RS-3 zoning is tailored for single-family homes, but two-flats are permitted if the lot has at least 2,500 sq ft per dwelling unit. An exception allows for a reduced lot area per unit (1,500 sq ft) if 60% or more of the zoning lots on the same side of the street between the two nearest intersecting streets have been lawfully improved with buildings containing more than one dwelling unit. Top 5 Reasons Developers Are Investing in Austin: 1. City-Led Revitalization: Austin is a priority community under Chicago's INVEST South/West initiative, attracting significant public and private investment to spur economic growth. 2. Strategic Location: Proximity to major transportation corridors and public transit makes Austin highly accessible, appealing to both residents and businesses. 3. Affordable Entry Point: Compared to other Chicago neighborhoods, Austin offers more affordable land and property prices, providing higher potential returns on investment. 4. Community Engagement: Strong local organizations and community plans foster a collaborative environment for sustainable development, like Austin's quality of life plan called "Austin Forward. Together." 5. Growing Demand: With ongoing redevelopment projects and a focus on mixed-income housing, there's a rising demand for quality residential units in the area. Don't Miss Out! This isn't just a plot of land; it's an opportunity to be part of Austin's transformation. With included architectural plans and favorable zoning, you're set to make a meaningful impact. Act Now-opportunities like this are rare. Let's build the future of Austin together!

Features of 5962 West Iowa Street

MLS® # 12373299
Price $45,000
Bathrooms 0.00
Acres 0.07
Type Land
Sub-Type Land
Status Active

Community Information

Address 5962 West Iowa Street
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60651

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement Yes
Basement None

School Information

District 299

Additional Information

Days on Market 144
Zoning OTHER
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeBaird & Warner
Contact Info708-697-5900

Listing Map

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