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$675,000
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Property Description
Exceptional redevelopment opportunity in the heart of Chicago! This unique property sits on two separate PINs and offers tremendous upside for investors, developers, and builders. Zoned to allow for the construction of up to 14 residential units, this site presents a rare chance to capitalize on the area's ongoing growth and demand for housing. The existing structure has already undergone significant improvements, including a brand-new roof and a complete interior gut renovation with framing in place, providing a valuable head start for your project. Whether you're looking to complete the current vision, develop a multi-unit investment property, or maximize the site's development potential, the groundwork has already been laid. Conveniently located near public transportation, major expressways, shopping, dining, parks, and schools, this property offers easy access to downtown Chicago and surrounding neighborhoods. Opportunities with this level of development potential are increasingly hard to find. Bring your vision and unlock the full potential of this prime Chicago development site. Two PINs included in the sale. Buyer to perform their own due diligence regarding zoning, permitted uses, and development opportunities.
Full Property Details
Full Property Details for 446 N Pine Ave
General
- Price: $675,000
- Taxes: $7,893 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12709810
Location
- Area: CHI - Austin
- County: Cook
- Driving Directions: N. Central to W. Race to Pine Ave.
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1898
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 12,740
- Lot Dimensions: 130 x 61 x 130 x 61
- Frontage: City Street, Frontage Road
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1898
- Tax Amount: $7,893
- Tax Year: 2024
Disclosures and Reports
- Property ID: 16091210180000
Listed by eXp Realty
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Schools
Schools serving 446 N Pine Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Ellington Elementary School 243 North Parkside Avenue, Chicago, IL 60644 | PK-8 | 0.3 mi |
Douglass Academy High School 543 North Waller Avenue, Chicago, IL 60644 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 446 N Pine Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,908
—
$47,000
68%
2023
$5,908
3%
$28,000
—
2022
$5,759
2%
$28,000
—
2021
$5,631
-14%
$28,000
-5%
2020
$6,582
-2%
$29,546
-12%
2019
$6,746
2%
$33,575
—
2018
$6,632
32%
$33,575
44%
2017
$5,024
7%
$23,337
—
2016
$4,674
9%
$23,337
—
2015
$4,276
-8%
$23,337
-7%
2014
$4,654
2%
$25,086
—
2013
$4,562
1%
$25,086
—
2012
$4,502
—
$25,086
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 446 N Pine Ave
446 N Pine Avenue, Chicago, IL 60644 (MLS# 12709810) is a Commercial property. 446 N Pine Avenue is currently listed for $675,000 and was received on July 20, 2026. Want to learn more about 446 N Pine Avenue? Do you have questions about finding other Commercial real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.

