Redevelopment opportunityValue is in the landPart of Planned Development 1006 Great Development Opportunity! Value is in the land. Currently, there is a church building on the parcel, but highest and best use is to replace it with a more modern residential development structure. Neighborhood has been highly improved, with new development across the street and in the immediate surrounding area. Property is located across the street from the most sought after CPS Jenner Academy of the Arts. Zoning is PD1006 Residential Commercial Planned Development No. 1006, Subarea B. Mailing address for the church building is 509 W. Elm Street. Prospective buyers do your due diligence In between Division St & Chicago Ave; east of Larrabee St, west of Orleans St. Located within the Cabrini Green redevelopment area, the parcel is well situated for all the benefits from easy access to downtown Loop access, Old Town and the Gold Coast. This area is experiencing solid upside.
