8500 South Stewart, Chicago IL 60620
$8,000,000

Property Description

8500 S Stewart Avenue offers an incredible 16.5 acres of prime land awaiting development. Strategically located between two major train lines, the Union Pacific and the CSX, it is ideally suited for cargo deliveries. Currently zoned for industrial use, the property can be easily rezoned for residential purposes, presenting a myriad of opportunities. Potential uses include a warehouse facility, truck parking, manufacturing plant, or even a recording studio. Additionally, the property is perfect for developing a retirement community, single-family homes, or multi-family housing. The possibilities for this versatile site are truly endless.

Features & Information

Key Details

  • List Price $8,000,000
  • Property Taxes $31,488
  • Acreage 16.5
  • Lot Dimensions 480X1249X740X718X873X249
  • Status New

Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

Location

  • General Information Interstate Access
  • County Cook
  • Township Lake
  • Corporate Limits Chicago
  • Directions to Property 87th St West To S Holland, North To Entrance. Entrance On The West Side Of The Street
  • Property Taxes

  • Tax $31,488
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20333050370000

Listed by Donna Dalke for Better Homes & Gardens Real Estate | Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/21/2024 10:02 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Explore Chatham

A strong history of prestigious African American-owned businesses established a solid base for a prosperous and successful Chicago neighborhood that is still present in Chatham and spills over into beautiful residential blocks and a viable commercial and dining district. Single-family homes dominate the neighborhood with a handful of multi-unit buildings here and there. But, for the most part Chatham residents live in classic bungalows and frame houses with small green yards and shaded front sidewalks. Along the main thoroughfares dozens of restaurants, takeout places, and neighborhood bars line the street, welcoming familiar faces to enjoy a meal and relax after a long day. Scattered among the eateries are a good selection of clothing stores and unique boutiques, with a Target on hand for the best in one-stop shopping.

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