Chicago, IL 60616,1931-33 S Jefferson ST

$397,500

Est. payment /mo

$350,000

13.6%
Est.Price: ?

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1931-33 S Jefferson ST Chicago, IL 60616

SOLD DATE : 09/06/2024

Key Details

Sold Price $397,500

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

Subdivision East Pilsen

MLS Listing ID 12003895

Sold Date 09/06/24

Annual Tax Amount $8,935

Tax Year 2022

Lot Dimensions 50 X100

Property Description

Scheduled for Online Auction. Pre-Auction Offers Highly Encouraged! Construction opportunity for six apartments or condos; six retail units; or a mixed used development in hot East Pilsen area. The two lots are located at 1931 and 1933 South Jefferson Street in close proximity to 88 Marketplace, Chinatown, I-90 (18th street on-ramp), UIC, the "78" (future location of new White Sox Stadium), Roosevelt Street shops - Southgate Market (Whole Foods), Jewel - Osco, Home Depot and much more. There is an alley in the rear. TIF district pending. The property taxes reflect a former two flat on the property which has now been torn down. The tax appeal is in process for the 1933 South Jefferson lot (1931 South Jefferson lot is already assessed as a vacant lot). The 1933 South Jefferson Street lot was reassessed as vacant land in 2023. The 2023 taxes will reflect this. Taxes currently shown are 2022. **Buyer pays 6% buyer's premium in addition to bid price. Minimum bid/published reserve price for online auction is $425,000.

Location

State IL

County Cook

Area Chi - Lower West Side

Zoning MULTI

Interior

Fireplace N

Exterior

Utilities Available Electric Nearby, Electric to Site, Gas Nearby, Gas to Site, Sanitary Sewer, Water-Municipal, Water Nearby, Water to Site

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Diana Peterson • AW Properties Global/Auction Works
Bought with Diana Peterson • AW Properties Global/Auction Works

Carly Jones

Advisor | License Partner | Michigan Managing Broker

+1(312) 391-3170

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