Essex Realty Group, Inc. has been exclusively engaged to market for sale 3300 W. Pierce Ave., a prime redevelopment opportunity in the heart of Chicago’s Humboldt Park neighborhood. The Property consists of a three-story church and a four-story school, totaling 20,400 SF. It is situated on a 5,953 SF lot, zoned RS-3. This site presents an excellent opportunity for multi-family redevelopment, with conceptual plans and existing architectural drawings available.

The Property is two blocks from the popular Humboldt Park, steps from multiple bus lines, and two miles from the Metra NCS and MD-N lines, providing easy access to greenspace and transportation. Additionally, it is just six miles from downtown Chicago, offering convenient access to the city.

Humboldt Park offers strong demand for quality rental housing, evidenced by 60.3% of its housing units being renter-occupied. The area is experiencing a demographic shift, with rising educational attainment and a significant increase in median household income from $37,959 to $51,105 over the past decade. This shift towards a more affluent and educated population makes Humboldt Park an increasingly attractive area for development.

The seller is open to exploring joint venture opportunities. Additional details are available upon request.

Humboldt Park, named after its historic park, is located on the City’s West Side and is known for being a culturally rich neighborhood in Chicago. Humboldt Park benefits from being surrounded by multiple sought-after Chicago neighborhoods such as Ukrainian Village, Wicker Park, Bucktown, and Logan Square. Located in the heart of the Humboldt Park Community, Humboldt Park totals 197 acres and features a historic lagoon & boat house, a large field house, two gymnasiums, an inland beach, and countless playgrounds and sports fields. Humboldt Park continues to draw attention in Chicago due to the steady rise in property values and commercial and residential development, as well as a strong increase in new dining and entertainment options.

• RS-3 Zoned Redevelopment Opportunity in Neighborhood With Strong Rental Demand
• One Block From Humboldt Park, Steps to Several Bus Lines, and 2 Miles to the Metra NCS & MD-N Lines