$3,500,000
Active
33 Days Online
161 Beds137 Baths81,835 SQFT
Active

69 N CHICAGO ST Salt Lake City, UT 84116

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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.

  • Property TypeMulti-Family
  • NeighborhoodWestern
  • CountySalt Lake
  • Taxes$7,000
  • HOA/Condo/Coop Fees$0
  • Days on Site32 Days
  • MLS StatusActive
  • MLS ID Number2023948
  • Home Size Source N/A
  • Year Built2024
  • Lot Size0.56 Acres
  • Full Baths137
  • Partial BathsN/A

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Schools

School District
Salt Lake
Elementary School
Rose Park Elementary School
Middle School
Bryant Middle School
High School
West High School

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Monthly Payment (Est.)

$17,588
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