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1406 W Morse Ave Chicago, IL 60626

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For Sale
$1,300,000

8,600 SF lot near Morse Red Line station.

Property Features for 1406 W Morse Ave

General Information

Standard status
Active

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Listing Contact
Isaac Jolcover
Source: Corcoran

Listing Agency: LANDSTAR REALTY GROUP, INC. Listing Agent: Isaac Jolcover

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Rogers Park Development Opportunity

This is an 8,600 square foot lot with B3-3 zoning, situated directly next to the Morse Red Line station. The property allows for up to 25,800 buildable square feet, with the potential for approximately 21 or more residential units. The maximum building height is 65 feet. Located in a transit-served area, parking requirements may be reduced. There is space for at least 6 cars at the rear of the property. The ground floor is suitable for commercial use, and there is the possibility of pursuing special use through the Zoning Board of Appeals for flexibility. The property is surrounded by new developments, retail options, dining establishments, and Loyola University. It is also located blocks from Lake Michigan. The site is located in Rogers Park, one of Chicago's vibrant neighborhoods.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6663507
Latitude
42.0082524

FAQs

What type of property is this?
Commercial land - 8,600 SF lot near Morse Red Line station.
Where is this commercial land located?
The property is located at 1406 W Morse Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: - Prime development opportunity directly next to the Morse Red Line station.; - B3-3 zoning allows for up to 25,800 buildable SF and approximately 21+ residential units.; - FAR of 3.0 and maximum building height of 65 ft.
More about this property
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