Homes for sale - 69 N CHICAGO ST, Salt Lake City, UT 84116

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Ashley McClelland

ashley.utahrealtor@gmail.com +1(801) 654-7100

$ 3,500,000

Est. payment | -/mo

161 Beds

137 Baths

81,835 SqFt

Save

$ 3,500,000

Est. payment | -/mo

Save

161 Beds

137 Baths

81,835 SqFt

Key Details

Property Type Multi-Family

Sub Type > 4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 81,835 sqft

Price per Sqft $42

Subdivision Western

MLS Listing ID 2023948

Style High Rise

Bedrooms 161

Construction Status To Be Built

HOA Y/N No

Year Built 2024

Annual Tax Amount $7,000

Lot Size 0.560 Acres

Acres 0.56

Lot Dimensions 198.0x124.0x198.0

Property 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.

Location

State UT

County Salt Lake

Area Salt Lake City; Rose Park

Zoning Multi-Family

Interior

Fireplace No

Exterior

View Y/N No

Present Use Residential

Private Pool No

Building

New Construction Yes

Construction Status To Be Built

Schools

Elementary Schools Rose Park

Middle Schools Bryant

High Schools West

School District Salt Lake

Others

Senior Community No

Tax ID 08-35-455-012

Listed by Equity Real Estate (Premier Elite)

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(801) 654-7100

ashley.utahrealtor@gmail.com

69 N CHICAGO ST Salt Lake City, UT 84116