2650-2662 W Madison St., Chicago, IL 60612

2650-2662 W Madison St., Chicago, IL 60612
Photo 1 of 11
$500,000
Sold on 7/26/24
Beds Baths Sq. Ft. Taxes Built
0.00 0 $1,637.90
On the market: 1082 days
View full details, 15 photos, school info, and price history
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
Listing courtesy of Mitir Patel, Dream Town Real Estate