69 N CHICAGO ST, Salt Lake City, UT 84116

  • $3,500,000
  • $3,500,000
69 N CHICAGO ST, Salt Lake City, UT 84116
  • Lots/Land
  • Property Type
For Sale
69 N CHICAGO ST, Salt Lake City, UT 84116
69 N CHICAGO ST, Salt Lake City, UT 84116
  • $3,500,000
  • $3,500,000

Description

Welcome to THE CHICAGO. This project has planning approval and has been entitled to build a 137 unit apartment complex. There are 5 floors of residential over a concrete podium for parking. Units range from 360-912 SF, allowing an affordable price point much needed in the market. Alta Survey, Phase 1, Phase 2, Geotechnical Report and Architectural plans have been completed and will be included in the purchase. One of the key advantages of this site is its strategic proximity to the newly proposed Larry H Miller MLB Baseball Stadium, the 100-acre Rocky Mountain Power Master Planned Development, and being less than .25 miles from the Trax Station. Additionally, this property is in an Opportunity Zone. Furthermore, it’s worth noting that the current properties on the site comprises a Duplex, Triplex, and two Single Family Houses, which are generating consistent income.

  • Address 69 N CHICAGO ST
  • City Salt Lake City
  • State/county UT
  • Zip/Postal Code 84116
  • Area WESTERN
  • Country United States

Details

Updated on September 24, 2024 at 2:09 pm
  • Property ID: HZ23387200
  • Price: $3,500,000
  • Land Area: 0.56 acre lot
  • Property Type: Lots/Land
  • Property Status: For Sale
  • MLS#: 2023869
  • Office Name: EQUITY REAL ESTATE (PREMIER ELITE)
  • Agent Name: Warren Crummett
  • MLS Status: Active

Additional details

  • Lot Size Dimensions: 198.0x124.0x198.0
  • Lot Size Square Feet: 24393.6
  • High School District: Salt Lake
  • Elementary School District: Salt Lake
  • Middle or Junior School District: Salt Lake
  • Parcel Number: 08-35-455-012
  • Zoning: Multi-Family
  • Postal City: Salt Lake City
  • Current Use: Residential
  • Tax Annual: 7000
  • County: Salt Lake
  • Property SubType: Residential
  • Elementary School: Rose Park
  • Middle/Junior School: Bryant
  • High School: West

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