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About this home
348 W Dearborn Street is a home Englewood.
UNIQUE LOCATION WITH BOLD EXPOSURE - CENTRALLY LOCATED ON DEARBORN STREET IN THE HEART OF OLD ENGLEWOOD VILLAGE. THIS IS ALMOST A FULL ACRE OF LAND ZONED COMMERCIAL GENERAL WITH MIXED LAND USE, POSITIONED WITHIN THE "MAIN STREET OVERLAY DISTRICT". This specialty zoning modifies some existing zoning standards for the purpose of encouraging property owners to create a more traditional downtown environment. 150 FEET OF FRONTAGE WITH EXISTING PARKING AVAILABLE DIRECTLY ON DEARBORN STREET. Defined access is in place off of Orange Street. Take advantage of the "MIXED USE ALLOWANCE". ENVISIONING OPPORTUNITIES IS A SKILL. IMAGINE ON THIS PROPERTY - BOUTIQUE HOTEL - MICROBREWERY- RESTAURANT WITH ROOF TOP LOUNGE - GARDEN DELI WITH ATRIUM SEATING - RETAIL SPECIALTY SHOPPS WITH LIVING UNITS ABOVE. Dearborn Street is currently home to indoor/ outdoor dining, live music venues, specialty shops, art centers, yoga / exercise studio & coffees shops. This downtown area is host to numerous planned activities: music festivals, culinary events, art shows, Halloween and Christmas activities! One of the largest and well attended FARMERS MARKET takes place on this property and directly across the street at PIONEER PLAZA and BANDSHELL during seasonal months - October through May. This natural overflow will guarantee your maximum visibility and appeal for this location, attracting locals and visitors alike looking for new and exciting experiences. THERE IS NO DUPLICATING THIS PROPERTY WITH THE NATURAL BEAUTY AND EXCEPTIONAL LOCATION. LEAD WITH VISION-AQUIRE ALL THE FUTURE POTENTIAL AND LONG TERM SUCESS WITH THIS EXTRAORDINARY PROPERTY. CALL FOR MORE INFORMATION AND A WALKING TOUR. AND MARKED IN A X FLOOD ZONE. These are two separate parcels, being sold together at listed price.
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Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.
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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.
Quick answers.
Price
$1,950,000
Time on market
568 days
Monthly payment
About $11,717/mo
That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,863 annual tax bill, insurance.
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