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Listed by Scott Maeselof Sperry Van Ness
$ 1,550,000
Est. payment | /mo
3,049 Sqft Lot
$ 1,550,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 12559426
Annual Tax Amount $19,688
Tax Year 2024
Lot Size 3,049 Sqft
Lot Dimensions 123X24X123X24
Property Sub-Type Land
Property Description
This offering is a rarely available corner lot development opportunity in Lincoln Park featuring nearly 150' of frontage and an existing curb cut on Wayne Avenue for maximum design flexibility. The property holds favorable C1-2 zoning, which permits a 2.2 FAR density, allowing for above-grade residential development and ground-floor retail. It is situated within the sought-after CPS 299 school district and is surrounded by luxury residential housing and notable businesses like Avli Taverna, DePaul University, and Lou Malnati's. The location is prized for its dense urban fabric, strong demographics, and proximity to major public parks and CTA transit lines.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available
View Y/N true
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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NEARBY SCHOOLS & PROPERTIES
676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States