3953 Michigan AveChicago, IL 60653
- Land
Property Details for 3953 Michigan Ave
- Property type
- Land
Description
This exceptional 31,200 square foot land parcel, located at 3953 S. Michigan Ave in Chicago, IL, presents a remarkable development opportunity. Situated in the Bronzeville Opportunity Zone, this property boasts an M1-3 zoning designation and offers significant potential for transit-oriented development (TOD). The lot measures approximately 195 feet along South Michigan Avenue and extends 160 feet in depth (.72 acres). Its prime location is adjacent to the CTA Green Line station at South Indiana and East 40th Street, ensuring excellent accessibility and high visibility. The property includes both land and an existing building. Note that an adjacent 22,400 square foot land site at 3954 S. Indiana Avenue is also available for purchase. The Cook County Assessor's Parcel Number (APN) is 20-03-102-008-0000. This property is categorized as residential land. This is a unique chance to capitalize on the vibrant Bronzeville neighborhood and its strong growth potential. The property's size and zoning make it suitable for a variety of development projects. Serious inquiries are encouraged.
Location Insight
- City
- Chicago
- County
- Cook
- State
- Illinois
- Latitude
- 41.822
- Longitude
- -87.6231
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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