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RT-4 Urban Infill Development Lot
For Sale
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1410 N Elk Grove Ave, Chicago, IL 60622

Urban infill parcel zoned RT-4 with a two-unit building and detached garage on site.

Property SizeContact for details
Days on Market121

Property Features for 1410 N Elk Grove Ave

General Information

Standard status Active
Property subtype Land
Zoning RT-4
Listing Agency: Greenstone Partners
Listed By: Brewster Hague · License #IL 475.165689
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greenstone Partners

Investment Insights

Based on property information with market context.

This urban infill residential development parcel includes 5,895 square feet of land zoned RT-4, permitting multi-unit residential development with a building FAR of 1.2. The property currently includes a two-unit apartment building and a detached garage, offering a development site with existing improvements.

The parcel is located at 1410 N Elk Grove Ave in Chicago’s Wicker Park/Bucktown area. It sits adjacent to 1412 N Elk Grove Ave, a 9-unit apartment building (approximately 6,300 square feet) that is also for sale, presenting two major development opportunities.

The site is positioned between N. Milwaukee Avenue and W. North Avenue, with proximity to the Kennedy Expressway (I-90/94), the CTA Damen Blue Line ‘L’ Station, and the 606 elevated park.

Key Highlights

  • Urban infill residential development parcel at 1410 N. Elk Grove Avenue in Chicago’s Wicker Park/Bucktown neighborhood
  • 5,895 SF of land zoned RT‑4, permitting multi‑unit residential development with a building FAR of 1.2
  • Current improvements include a two‑unit apartment building plus a detached garage on the property

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Adult Day Care Carpet & Flooring Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,152
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Urban infill parcel zoned RT-4 with a two-unit building and detached garage on site.
Where is this duplex located?
The property is located at 1410 N Elk Grove Ave Chicago, IL.
What are key features of this property?
This property features: Urban infill residential development parcel at 1410 N. Elk Grove Avenue in Chicago’s Wicker Park/Bucktown neighborhood; 5,895 SF of land zoned RT‑4, permitting multi‑unit residential development with a building FAR of 1.2; Current improvements include a two‑unit apartment building plus a detached garage on the property
(312) 614-1498 Call to check price and availability
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