7639 S Racine Avenue
Chicago, IL 60620
- – beds
- – baths
- – sqft
- – on site
With 8 parcels of land and utilities already in place, the possibilities for development of this commercial space are virtually endless. Developing a commercial space in an underserved community can be an excellent opportunity to provide much-needed services and support to the local population. Some ideas for services are listed below. Develop a grocery store in a food desert. Develop medical clinics or hospitals that offer quality healthcare services to the community. Build schools or educational centers that provide access to education and vocational training for people in the community. Develop affordable housing options for low-income families and individuals who are struggling to find suitable housing. Develop community centers that offer a range of services, including after-school programs, sports facilities, and job training programs. Develop commercial spaces for local businesses to help stimulate economic growth and create jobs in the community. Use the land to construct commercial buildings for businesses like offices, retail stores, or restaurants. Develop a mixed-use space: Combine commercial buildings with residential apartments or condos to create a mixed-use space that offers the best of both worlds. Use the land to construct a shopping center with multiple retail stores, restaurants, and entertainment venues. The possibilities are truly endless. With utilities already in place, this property is ready for development, and the potential for growth and profitability is immense. Please call for more information. Please note these properties must be sold as a package. The seller will not break up the parcels. There are a total of 8 parcels . The addresses are from7639 S Racine to 7659 S Racine .
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Feb 22, 2025
•
MLS# 12151455 —
Location
-
Directions:Go West to 76th Street and go south on Racine
-
Location:61080
The Property
-
Parcel Number:20294080130000
-
Property Type:Land
-
Lot Size Dimensions:124.45*223.6*124.5*223.6
-
Current Use:Commercial
-
Building On Land:Yes
-
Frontage Type:City Street
-
Frontage Length:223.6
-
Waterfront:false
-
Additional Parcels:true
-
Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (847) 445-0542
- Office phone:
- (708) 798-1111
Taxes
-
Tax Year:2023
-
Tax Annual Amount:24967.03
The Listing
-
Special Listing Conditions:Standard
Heating & Cooling
-
Cooling:None
Utilities
-
Utilities:Electric to Site, Gas to Site, Water to Site
Schools
-
Elementary School District:299
-
Middle Or Junior School District:299
-
High School District:299
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/30/24
Aug 30, 2024
|
Listed / Active | MRED | $149,000 | |
6/20/23
Jun 20, 2023
|
Price Changed | MRED | ||
4/16/23
Apr 16, 2023
|
Listed / Active | MRED |