$3,500,000
Beds:
161
Sqft:
81,835
Sqft lot:
24,393
Acre lot:
0.56
66 Days On Market -
Courtesy of Warren Crummett, Equity Real Estate (Premier Elite)
Status:
Active
Property Type:
> 4 Units
Year Built:
2024
Neighborhood:
Western
Days On Website:
66
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.
Features
Building
- Architectural Style: High Rise
- Building Area Total: 81835
- Living Area: 81835
- Living Area Units: Square Feet
- New Construction YN: t
- Year Built: 2024
Bathrooms
- Bathrooms Total Integer: 137
Bedrooms
- Bedrooms Total: 161
Location
- City: Salt Lake City
- Country: US
- County Or Parish: Salt Lake
- Cross Street: 35
- MLS Area Major: Salt Lake City; Rose Park
- Postal City: Salt Lake City
- Postal Code: 84116
- State Or Province: UT
- Street Dir Prefix: N
- Street Name: CHICAGO
- Street Number: 69
- Street Number Numeric: 69
- Street Suffix: ST
- Subdivision Name: WESTERN
- Unparsed Address: 69 N CHICAGO ST
Property
- Current Use: Residential
- Parcel Number: 08-35-455-012
- Property Sub Type: > 4 Units
- Property Type: Residential
Schools
- Elementary School: Rose Park
- Elementary School District: Salt Lake
- High School: West
- High School District: Salt Lake
- Middle Or Junior School: Bryant
- Middle Or Junior School District: Salt Lake
Lot
- Frontage Length: 198.0
- Lot Size Acres: 0.56
- Lot Size Area: 0.56
- Lot Size Dimensions: 198.0x124.0x198.0
- Lot Size Square Feet: 24393
- Lot Size Units: Acres
Listing
- Listing Id: 2023948
- List Price: 3500000
- Mls Status: Active
- Number Of Units Total: 137
- Standard Status: Active
Taxes
- Tax Annual Amount: 7000
Property Map
Map View
$3,500,000 - 69 N Chicago St, Salt Lake City, UT 84116
Street View
Directions
69 N Chicago St
Salt Lake City, UT 84116
City: Salt Lake City