2650-2662 W Madison Chicago, Illinois 60612, Chicago , 60612
Listing ID: MRD11183952
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$599,000
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Listed: 2 years ago
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Property Description

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

House located at 2650-2662 W Madison Chicago, Illinois 60612. 2650-2662 W Madison Chicago, Illinois 60612 is in the CHI - East Garfield Park neighborhood. CHI - Forest Glen , CHI - Avondale , and CHI - West Englewood are nearby neighbourhoods.
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Listed by: Kale Realty

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20% down payment
$2,099
per month
35% down payment
$1,705
per month
50% down payment
$1,312
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

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MP
Mitir Patel
(312) 939-5253

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MP
Mitir Patel
(312) 939-5253
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$3,703.37
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$878,400
Total Mortgage
$219,600
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