Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.
Property Features
Parking
No Garage
Detached
Garage
Basement
Unfinished
Full
Heating Information
None
Water Features
Public
Listing Courtesy: Real Broker LLC - 217-960-8605
Based on information submitted to the MLS GRID as of 2025-12-19 20:20:52. 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.
Last Updated: 2025-12-19 20:20:52
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Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.