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7639 S Racine Avenue

Chicago, IL 60620
  • $149,000
  • STATUS: Active
  • ON SITE: 136 Days
  • MLS #: 12151455
UPDATED: 42 min ago
$149,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

School District:
299

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 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 .

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-01-14T21:00:00.177 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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7639 S Racine Avenue Chicago, IL 60620

  • Price: $149,000
  • Status: Active
  • On Site: 136 Days
  • Updated: 42 min ago
  • MLS #: 12151455
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
299
Property 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 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 .
Exterior Features

Frontage Type City Street Land Amenities Fencing Lot Size .50-.99 Acre Parking Total 0 Road Surface Type Asphalt Waterfront YN No

Interior Features

Basement Bathrooms YN No Cooling None

Property Features

Additional Parcels YN Yes Building On Land Yes Corporate Limits Chicago Current Use Commercial Farm No General Information None Mls Actual Status Active Ownership Fee Simple Rental Price 0 Special Listing Conditions Standard Tax Annual Amount 24967.03 Tax Year 2023 Township Hyde Park Type Land Utilities Electric to SiteGas to SiteWater to Site

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Preferred Rlty: 708-798-1111.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Suburban Life Realty. Based on information submitted to the MRED as of 2025-01-14T21:00:00.177 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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South Elgin IL, 60177