Pending

Under Contract

69 N CHICAGO ST

Salt Lake City UT, 84116

$3,500,000


$42.77 per sqft

Pending

Under Contract

161 Beds

137 Baths

81,835 sqft

Residential

Built in 2024

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.

2023948

MLS ID

September 17, 2024

Listed

December 18, 2024

Updated

Map

69 N CHICAGO ST
Salt Lake City UT, 84116

Interior Features

Total Stories

0


Bedrooms

161


Total Bathrooms

137


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.56 Acres


Architectual Style

High Rise

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

92


Garage

No


Parking Total

0


View

No


County

Salt Lake


Pool

No


Zoning

Multi-Family

Listing History

Date

Event

Price

12/18/2024

Pending

Courtesy of Equity Real Estate (Premier Elite)

Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7:49 PM UTC, 12/18/2024. 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 Paige Steckling shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Wasatch Front Regional MLS, Inc. All rights reserved.

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