7639 S Racine Avenue, Chicago, IL 60620
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
7639 S Racine Avenue,Chicago, IL 60620
$149,000
- 0 Acres
- Lots / Land
- Active
Listed by: tameka lewis-madkins
Office: keller williams preferred rlty
MLS#:12151455
Source:MLSNI
Price summary
- Price:$149,000
About this home
With 8 parcels of land and utilities already in place, the possibilities for development of this commercial space are virtually endless. Developing a commercial space in an underserved community can be an excellent opportunity to provide much-needed services and support to the local population. Some ideas for services are listed below. Develop a grocery store in a food desert. Develop medical clinics or hospitals that offer quality healthcare services to the community. Build schools or educational centers that provide access to education and vocational training for people in the community. Develop affordable housing options for low-income families and individuals who are struggling to find suitable housing. Develop community centers that offer a range of services, including after-school programs, sports facilities, and job training programs. Develop commercial spaces for local businesses to help stimulate economic growth and create jobs in the community. Use the land to construct commercial buildings for businesses like offices, retail stores, or restaurants. Develop a mixed-use space: Combine commercial buildings with residential apartments or condos to create a mixed-use space that offers the best of both worlds. Use the land to construct a shopping center with multiple retail stores, restaurants, and entertainment venues. The possibilities are truly endless. With utilities already in place, this property is ready for development, and the potential for growth and profitability is immense. Please call for more information. Please note these properties must be sold as a package. The seller will not break up the parcels. There are a total of 8 parcels . The addresses are from7639 S Racine to 7659 S Racine .
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Home facts
- Listing ID #:12151455
- Added:441 day(s) ago
- Updated:November 15, 2025 at 12:06 PM
Finances and disclosures
- Price:$149,000
- Tax amount:$24,967 (2023)
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