Welcome to a unique opportunity in Chicago! This prime corner lot at 222 S Oakley, zoned RM-5 Residential Multi-Unit, is tailor-made for buyers with a vision. Whether you're a buyer looking to restore an existing and operating church or an investor eager to develop a multi-unit residential property, this property holds boundless potential. The existing church can be restored to its former glory, or you can seize the opportunity to build a new, modern residential multi-unit complex. With the ability to construct up to 4 stories, this property meets the growing demand for residence. It's perfectly located near the University of Illinois at Chicago, the United Center, and major interstates making it ideal for potential tenants or homeowners. This is not just a property; it's a chance to shape a dynamic community.
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Location
222 S Oakley Boulevard, Chicago, IL 60612
Status
Sold
Date Sold
March 19, 2024
Features & Amenities
Area & Lot
StatusSold
Date SoldMarch 19, 2024
MLS® ID11934445
TypeLand
NeighborhoodIllinois Medical District
School District299
Exterior
utilitiesUnknown (verify)
HEAT TYPENatural Gas
AIR CONDITIONINGWindow/Wall Unit - 1
Financial
Sales Price$205,000
Illinois Medical District
Surrounded by great local spots in Tri-Taylor and Little Italy, it’s perfect for students, medical professionals, and city dwellers who want convenience, connectivity, and community.
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