This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3300 W Pierce Ave

20,400 SF Speciality Building Offered at £780,488 in Chicago, IL 60651

Investment Highlights

  • RS-3 Zoned Redevelopment Opportunity in Neighborhood With Strong Rental DemandRS-3 Zoned Redevelopment Opportunity in Neighborhood With Strong Rental Demand
  • One Block From Humboldt Park, Steps to Several Bus Lines, and 2 Miles to the Metra NCS & MD-N Lines

Executive Summary

3300 W. Pierce Ave. is a prime redevelopment opportunity in the heart of Chicago's Humboldt Park neighborhood. The Property consists of a three-story church and a four-story school, totaling 20,400 SF. It is situated on a 5,953 SF lot, zoned RS-3. This site presents an excellent opportunity for multi-family redevelopment, with conceptual plans and existing architectural drawings available.
The Property is two blocks from the popular Humboldt Park, steps from multiple bus lines, and two miles from the Metra NCS and MD-N lines, providing easy access to greenspace and transportation. Additionally, it is just six miles from downtown Chicago, offering convenient access to the city.
Humboldt Park offers strong demand for quality rental housing, evidenced by 60.3% of its housing units being renter-occupied. The area is experiencing a demographic shift, with rising educational attainment and a significant increase in median household income from $37,959 to $51,105 over the past decade. This shift towards a more affluent and educated population makes Humboldt Park an increasingly attractive area for development.
The seller is open to exploring joint venture opportunities. Additional details are available upon request.

Property Facts

Price £780,488
Price Per SF £38
Sale Type Investment
Property Type Speciality
Property Subtype Religious Facility
Building Class B
Lot Size 0.14 AC
Building Size 20,400 SF
Number of Floors 4
Year Built 1899
Parcel Number 16-02-202-031-0000
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RS-3 (Residential Single-Unit District)
RS-3 (Residential Single-Unit District)
  • Listing ID: 33995244

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: 3300 W Pierce Ave, Chicago, IL 60651

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}