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Listed by Isaac Jolcoverof Landstar Realty Group, Inc.
$ 1,300,000
Est. payment /mo
New
1406 W Morse Avenue Chicago, IL 60626
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12478584
Annual Tax Amount $33,125
Tax Year 2023
Lot Dimensions 50x172
Property Sub-Type Land
Property Description
Prime Rogers Park Development Opportunity! 50' x 172' (8,600 SF) lot with B3-3 zoning directly next to the Morse Red Line station. FAR of 3.0 allows for up to 25,800 buildable SF and approximately 21+ residential units (with potential for 28 studio/efficiencies). Maximum building height: 65 ft. Located in a transit-served location, parking requirements may be reduced. Space for at least 6 cars at rear. Ground floor is ideal for required commercial use, or pursue special use through ZBA for flexibility. Surrounded by new developments, retail, dining, Loyola University, and just blocks from Lake Michigan, this site offers unbeatable accessibility and growth potential in one of Chicago's most vibrant neighborhoods. Seller open to JV partnership and other transaction options.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
View Y/N true
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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