700 S Kedzie Avenue, Chicago, IL 60612
Local realty services provided by:CENTURY 21 Broughton Team
700 S Kedzie Avenue,Chicago, IL 60612
$1,000,000
- 0.75 Acres
- Lots / Land
- Active
Listed by: michael applegate, brittany jones
Office: straight-a realty, llc.
MLS#:12734518
Source:MLSNI
Price summary
- Price:$1,000,000
About this home
**RARE FULL-BLOCK DEVELOPMENT & INVESTMENT OPPORTUNITY - 700-720 S. KEDZIE AVE.** Exceptional opportunity for a developer, investor, nonprofit, institutional user or community-focused development team to control approximately **33,000 SF (.75+ acre) across SIX CONTIGUOUS PARCELS under one ownership**, providing approximately **264 feet of Kedzie Avenue frontage** and the scale, visibility and flexibility increasingly difficult to assemble in Chicago. Zoned **PD 999 (Planned Development)**, this site presents compelling long-term upside for a qualified buyer capable of pairing a strong development concept with City, political and community support. Potential concepts worth investigating include **multifamily or affordable/workforce housing, mixed-income development, senior housing, institutional/educational uses, healthcare, community-serving development or other thoughtfully conceived projects**, subject to zoning and governmental approvals and any required amendment to the existing Planned Development. **THE FINANCIAL OPPORTUNITY IS IN THE SCALE:** nearly 33,000 contiguous SF creates multiple potential paths to value creation through redevelopment, income-producing residential development, institutional use, land banking and potential public/private development partnerships. Qualified purchasers should independently investigate available **TIF, affordable-housing, tax-credit, grant and other City/State economic-development programs** that may potentially improve project feasibility; no incentive or funding is represented or guaranteed by Seller. Importantly, prospective purchasers are encouraged to engage early with **28th Ward Alderman Jason C. Ervin, the City of Chicago and community stakeholders** regarding any proposed redevelopment. Based upon feedback received during prior marketing, **a gas-station concept was not favored**, creating an opportunity for a capable development team to bring forward a stronger neighborhood-serving vision. Strategically positioned just south of Harrison Street, **minutes from I-290/Eisenhower Expressway and Downtown Chicago**, with public-transit connectivity, major Kedzie frontage and the **Chicago Police Department's 11th District station nearby**, the property offers exceptional regional accessibility. Seller understands that maximizing this site's potential requires the **right buyer, capitalization, development plan and community/political relationships** and is prepared to negotiate a fair transaction with a financially capable purchaser positioned to execute. **BRING YOUR ARCHITECT, CAPITAL PARTNERS AND VISION-SELLER IS READY TO REVIEW SERIOUS OFFERS.** Buyer to independently verify zoning, PD requirements, allowable uses, density, utilities, environmental conditions, taxes, incentives and all governmental/community approvals....
Contact an agent
Home facts
- Listing ID #:12734518
- Updated:September 13, 2026 at 11:08 AM
Structure and exterior
- Lot area:0.75 Acres
Finances and disclosures
- Price:$1,000,000
- Tax amount:$9,591 (2024)
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Barbara K. BroughtonNew listings near 700 S Kedzie Avenue
- New
$111,250Active4 beds 3 baths1,544 sq. ft.2412 E 74th Street, Chicago, IL 60649
MLS# 12758248Listed by: CFS REALTY GROUP INC - New
$750,000Active2 beds 2 baths1,450 sq. ft.505 N Lake Shore Drive #2610, Chicago, IL 60611
MLS# 12758230Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$319,900Active1 beds 1 baths1,087 sq. ft.10 E Ontario Street #4205, Chicago, IL 60611
MLS# 12754582Listed by: RE/MAX PREMIER LUXURY COLLECTION - Open Sat, 12 to 3pmNew
$259,000Active1 beds 1 baths850 sq. ft.5445 N Sheridan Road #2510, Chicago, IL 60640
MLS# 12756845Listed by: ENGEL & VOELKERS CHICAGO NORTH SHORE - New
$229,900Active2 beds 1 baths1,000 sq. ft.4775 N Linder Avenue N #2A, Chicago, IL 60630
MLS# 12758222Listed by: HOMESMART CONNECT LLC - New
$250,000Active3 beds 2 baths3,150 sq. ft.7129 S Oakley Avenue, Chicago, IL 60636
MLS# 12754566Listed by: LOIS WHITE REALTY - New
$199,900Active-- beds 1 baths650 sq. ft.474 N Lake Shore Drive #2007, Chicago, IL 60611
MLS# 12757993Listed by: WESTWARD360 RM - Open Wed, 5am to 6:30pmNew
$169,990Active-- beds 1 baths600 sq. ft.3600 N Lake Shore Drive #222, Chicago, IL 60613
MLS# 12749025Listed by: COMPASS - Open Sun, 12 to 2pmNew
$950,000Active3 beds 3 baths2,508 sq. ft.1823 N Halsted Street #1, Chicago, IL 60614
MLS# 12758180Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$300,000Active3 beds 2 baths1,340 sq. ft.1232 N Mayfield Avenue, Chicago, IL 60651
MLS# 12752918Listed by: RLB REALTY GROUP, INC.
Protect your home and budget from life's surprises with an Assurant Home Warranty, backed by a partner that supports you through every step of homeownership. Explore Plans.
©2026 Century 21 Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.