7639 South Racine Avenue
$149,000
— / —
Description
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...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 .
- Listed by Tameka Lewis-Madkins • Keller Williams Preferred Rlty
Property Details for 7639 South Racine Avenue
Area
CHI - Auburn Gresham
TownshipHyde Park
OwnershipFee Simple
Num Of Parking Spaces0.0
LISTING UPDATED: 09/05/2024 12:06 AM
Property Details for 7639 South Racine Avenue
Status | Active |
---|---|
MLS # | 12151455 |
Days on Market | 203 |
Taxes | $24,967 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | - |
County | Cook County |
Property Information for 7639 South Racine Avenue
Property History for 7639 South Racine Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7639 South Racine Avenue
Taxable ValueLand$8,303Additions$29,813Total$38,116
Tax Record2022$7,840 ($653 / month)
Home Facts
Baths1Total Finished SqFt1,090 SqFtAbove Grade Finished SqFt1,090 SqFtStories1Lot Size10,354 SqFtStyleMiscellaneous IndustrialYear Built1919CountyCOOKAPN20-29-408-013
Schools near 7639 South Racine Avenue
This home is within Chicago Public Schools.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Stagg Elementary School PublicPK to 8 | ||
Bogan High School Public9 to 12 | ||
Community Youth Development Institute Charter9 to 12 | ||
EXCEL ACADEMY - ENGLEWOOD HS Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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