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300 E Pershing Rd
Land
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$399,000

300 E Pershing Rd, Chicago

66% below median
0 bd·0 ba·0 sqft
Douglas

300 E Pershing Rd, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $399,000 in the Douglas neighborhood.

About this home

A rare corner position in one of Chicago's most actively developing neighborhoods. This vacant, one-story multi-tenant building sits on an 8,622 SF lot and is primed for an investor or developer looking to capitalize on Bronzeville's momentum - whether through renovation of the existing structure or ground-up redevelopment.

Property details

Price
$399,000
Bedrooms
0
Bathrooms
0
Type
Land
Days on market
25
Est. property tax
$8,299/yr · $692/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($79,800)
Interest rate6.75%
Principal & Interest$2,070
Property Tax$366
Insurance$150
Total$2,586/mo

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Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60653)

This neighborhood is primarily renter-occupied (30% owner-occupied). Median age is 36.5; 21% hold a bachelor's degree; median household income is $35,136.

Median income
$35,136
Median age
36.5
Owner-occupied
29.5%
Bachelor's degree
20.9%
Census median home value
$342,400

Source: US Census Bureau American Community Survey 5-year estimates.

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