Charlie Berkson Of Hansen Realty Represents Buyer In $1.6M Development Site Sale In Chicago

A development site located at 2405 West Grand Avenue in Chicago was sold for $1,600,000. The site spans approximately 11,248 square feet and is situated in the West Town neighborhood. It features around 125 feet of frontage along Grand Avenue, C1-3 zoning, and a location that is transit-oriented, near the Western Avenue Metra station. The sale price translates to approximately $142 per land square foot.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,600,000
• BSF: 33,000
• PPBSF: $48
• SF: 11,248
• PPSF: $142
• Address: 2405 West Grand Avenue
• Market: Chicago
• Seller's Representative: Aaron Giles & Sean Connelly - Bauvista
• Buyer's Representative: Charlie Berkson - Hansen Realty

Aaron Giles and Sean Connelly from Bauvista represented the seller, while Charlie Berkson from Hansen Realty acted as the buyer's representative in this transaction. The three-parcel site provided a significant opportunity for development in a strategically important location.