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Chicago, ILLand
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Chicago, ILLand
1931-1933 South Jefferson Street, Chicago , IL, 60616
Sold
This asset has sold. The record stays published — the terms, the photography and the process are the evidence for how the next one gets handled.
2 photographs — scroll the strip or choose a frame below.
Historical sale record. Property details reflect the original listing.
Lot Size: 50×100 (2 Lots Combined)
Zoned: B2-3
PINS:17213240280000 (1931 S. Jefferson Street); 1721340290000 (1933 S. Jefferson Street)
2022 Property Taxes:17213240280000 ($729.00); 1721340290000 ($8,206.00)
Construction opportunity for six apartments or condos; six retail units; or a mixed used development in hot East Pilsen area. The two lots are located at 1931 and 1933 South Jefferson Street in close proximity to 88 Marketplace, Chinatown, I-90 (18th street on-ramp), UIC, the “78” (future location of new White Sox Stadium), Roosevelt Street shops – Southgate Market (Whole Foods), Jewel – Osco, Home Depot and much more. There is an alley in the rear. TIF district pending.
The property taxes reflect a former two flat on the property which has now been torn down. The tax appeal is in process for 1933 South Jefferson lot (1931 South Jefferson lot is already assessed as a vacant lot). 1933 South Jefferson Street was reassessed as vacant land in 2023. The 2023 taxes will reflect this. Taxes currently shown are 2022.
These documents accompanied the original listing. This sale is closed; dates and instructions in the documents are historical.
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A Comparable Mandate
This transaction is published in full because the record is the argument. If you are holding something similar — as owner, lender, receiver or counsel — that is the conversation to have.
This asset is no longer available. The process that sold it — the marketing, the buyer pool, the reporting a court or a credit committee will accept — is the part that transfers.
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Chicago, ILMultifamily
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