NOT LISTED FOR SALE

1965 N Burling St Chicago, IL 60614

Old Town Neighborhood
0.07 Acre
-- Price per Acre
3,049 Sq Ft Lot

Last Sold December 17, 2021

Last sale price $1,800,000 $311 Per Sq Ft

18 Days on Market

About This Lot

As of December 2021

INCREDIBLY RARE opportunity for someone to acquire a lot / building on one of the most coveted blocks in all of Chicago. Check out the view from the rooftop, the highest and best view of any home in the area! A single lot opportunity like this sells once a year in this area. Very few single lots are even left to build on! Currently on this lot there is a very large 4 unit all brick building that has a width that was built lot line to lot line (25 foot wide building). The rear of the building has a small backyard and two car garage. All units currently rented. Zoning is RM 4.5. Alley access which is very rare here. Lot Size is 25 x 123.35. Collect income while you hold for plans/design. **Selling as-is, expecting to sell as lot but the building would be an incredible gut rehab as well with the width. Survey in additional info as well as current rent roll. The building is currently receiving $6,800 per month and leases are month to month. **Serious inquiries and offers only, the seller receives unsolicited offers on this property every month, he knows the rarity of it!

Last Agent to Sell the Property

John O'Neill

Compass License #475145211 Listed on: 10/15/2021

Compass

Last Buyer's Agent

Tim Salm

Jameson Sotheby's Intl Realty License #475133721

Jameson Sotheby's Intl Realty

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: None
  • Directions: FROM HALSTED HEAD EAST ON ARMITAGE SOUTH TO BURLING
  • Road Frontage Type: City Street
  • Lot Size: 25X123.35
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Additional Parcels: No
  • Current Use: Multi-Family

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 27423.72
  • Tax Year: 2019

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $1,800,000 -7.7% $311 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $1,950,000 -- $337 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    John O'Neill

    Compass

    Section Image
  • Tim Salm

    Buyer's Agent in 2021

    Tim Salm

    Jameson Sotheby's Intl Realty

    (312) 751-0300

    16 in this area

    182 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11247814

Midwest Real Estate Data (MRED)

APN: 14333010050000

Illinois Cook County Chicago 60614 Old Town

1965 N Burling St, Chicago, IL

This home is located at 1965 N Burling St, Chicago, IL 60614 since 15 October 2021. 1965 N Burling St is a home located in Cook County with nearby schools including Mayer Elementary School, Lincoln Park High School, and St. James Lutheran School.

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