1931-33 S Jefferson Street, Chicago IL 60616

1931-33 S Jefferson Street, Chicago IL 60616
$425,000

Size acres
Dimensions 50 X100
Taxes $8,935
Payment Estimate View Mortgage Calculator

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.

Listed by Diana Peterson for AW Properties Global/Auction Works | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Features & Information

Key Details

List Price $425,000
Property Taxes $8,935
Lot Dimensions 50 X100
Buyer's Agent Commission 2% of bid price
Status Active

Schools

Elementary School District 299
Junior High District 299
High School District: 299

Location

General Information None
County Cook
Township West Chicago
Corporate Limits Chicago
Directions to Property 18th Street To Jefferson South

Property Taxes
Tax $8,935
Tax Year 2022
Tax Exemptions None
Parcel Identification Number 17213240290000

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