West Town development opportunity! One of two side by side lots available for purchase separately or together. 2050 W Grand is a frame two unit- currently rented month to month and 2048 is a former urban garden now vacant and ready for highest and best use! Both lots are zoned B2B allowing for development of 2-4 unit residential, commercial, mixed use, multi family or single family properties. Lots are 24 x 92 and are centrally located at Grand and Hoyne with a bus stop right out front and close proximity to the heart of Ukrainian Village, United Center development and the West Loop. This is your chance to acquire land in the booming Grand Ave corridor. Adjacent mixed use property at 2054 W Grand also available for $3.25M giving you 5 total parcels.
— the listing agent’s description
The home
0.05-acre lot
Land
What it’ll cost
$2,225 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$3,102/mo
Principal & interest$2,765
Property taxes$185
Homeowners insurance$152
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.