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1656 West Wrightwood sold in 2018 for $1,200,000 was torn down on Monday. |
There are many significant "
tear down properties" in Lincoln Park and around the city. Sometimes we pass one (big deal or not) while we are working in the neighborhoods that catches our eye. A west
Lincoln Park vintage mixed use building circa 1920 on a 32' x 125' recently
sold in 2018 for $1.2 million and is being torn down.
1656 West Wrightwood sold previously in 2010 for $400,000. The original listing at the address was back in 2008 was for a 58'x125' property asking $1,750,000. It was eventually split and sold as the single lot.
The property was listed as a 32' x 125' lot and zoned RT4 (can build a multi-unit building).
That's $300.00 a sq/ft for the dirt. The demo took place June 17th of this week. There is no construction permit on the property yet and I don't know what the new building will ultimately be.
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