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Chicago & Midwest  + South Side  + Apartments  | 

33 Realty Lists Chicago Lawn Development Site

7400 S. Rockwell LLC has retained 33 Realty’s Sean Connelly and Chet Kondas to market 7400 S. Talman Ave., an improved 18-acre residential development site in the South Side’s Chicago Lawn neighborhood. Asking price is $5 million.

“New housing product is extremely limited in the neighborhood,” said Kondas. “For a developer who wants to step in and build right away, the project is ready to start.”

Formerly home to a Kraft Foods plant that closed in 2003, the vacant land site is fully entitled. All infrastructure work is complete.

The previous redevelopment agreement with the city permitted construction of 139 single-family homes, 10 of which are already built, and senior housing, which is also complete. Multifamily development may be an option with approval from the city. 

“This will be one of the larger residential development projects on the city’s South Side and a terrific addition to the neighborhood,” added Connelly. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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