69 N CHICAGO ST, Salt Lake City UT, 84116

Active

69 N CHICAGO ST

Salt Lake City UT, 84116

$3,500,000

$143.48 per sqft

Active

0.56 Acres

Land

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.

2023869

MLSⓇ ID

September 17, 2024

Listed

November 22, 2024

Updated

Map

69 N CHICAGO ST
Salt Lake City UT, 84116

Exterior/Building Features

Lot Size: 0.56 Acres

School Information

School District: Salt Lake
High School: West
Elementary School: Rose Park

Other Property Details

Area Name: Salt Lake City; Rose Park
Taxes: $7,000
Tax Frequency: Annually
Days on Market: 55
Garage: No
Parking Total: 0
View: No
County: Salt Lake
Pool: No
Zoning: Multi-Family

Courtesy of Equity Real Estate (Premier Elite)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10:25 PM UTC, 11/22/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Sue Ann Wilkinson shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.