Redevelopment Land
1716 W Webster Avenue Chicago, IL 60614
1716 W Webster Avenue, Chicago, IL, 60614
Contact for pricing
For Sale
Contact for pricing
Large infill site zoned C3-3 with redevelopment flexibility and a recent mid-rise apartment project across the street.
Property Size48,879 SF
Lot Size1.12 Acres
Price / SF$142.19
Days on Market16
Property Features for 1716 W Webster Avenue
General Information
- Standard status
- Active
- Size
- 48,879 SF
- Lot size
- 1.12 Acres
- Property subtype
- Land
Listing agency
KW Commercial Chicago - Lincoln Park
(773) 946-8816
Listed by
Tony Hardy · License #IL 475.139834
Source
Crexi
Added: Jul 7 Updated: Jul 22 at 1:41AM Checked: Jul 22 at 12:35PM
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 KW Commercial Chicago - Lincoln Park
Investment Insights
Based on property information with market context.
The offering is for a commercial land parcel totaling approximately 48,879 SF, presented as a redevelopment opportunity. The site is positioned for buyers to evaluate feasibility and redevelopment planning based on program requirements and design considerations.
The property is currently zoned C3-3 (Commercial, Manufacturing and Employment District), which is intended to support business and employment uses and does not permit housing by-right. A residential or mixed-use redevelopment incorporating dwelling units would likely require a zoning map amendment and/or a Planned Development, subject to confirmation through zoning counsel and a preliminary massing study.
The surrounding area demonstrates a mid-rise residential format can be executed along the corridor, including a newly completed peer project directly across the street, Triangle Square Apartments (completed 2025). This context can support buyer due diligence around achievable design outcomes and compatibility with an amenity package appropriate to contemporary multifamily delivery.
The property is currently zoned C3-3 (Commercial, Manufacturing and Employment District), which is intended to support business and employment uses and does not permit housing by-right. A residential or mixed-use redevelopment incorporating dwelling units would likely require a zoning map amendment and/or a Planned Development, subject to confirmation through zoning counsel and a preliminary massing study.
The surrounding area demonstrates a mid-rise residential format can be executed along the corridor, including a newly completed peer project directly across the street, Triangle Square Apartments (completed 2025). This context can support buyer due diligence around achievable design outcomes and compatibility with an amenity package appropriate to contemporary multifamily delivery.
Key Highlights
- Approximately 48,879 SF infill site at 1716 W Webster Ave, Chicago, IL 60614
- Zoned C3‑3 (Commercial, Manufacturing and Employment District); housing is not permitted by‑right
- Residential or mixed‑use redevelopment would likely require a zoning map amendment and/or a Planned Development—confirm with zoning counsel
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Large infill site zoned C3-3 with redevelopment flexibility and a recent mid-rise apartment project across the street.
Where is this commercial land located?
The property is located at 1716 W Webster Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Approximately 48,879 SF infill site at 1716 W Webster Ave, Chicago, IL 60614; Zoned C3‑3 (Commercial, Manufacturing and Employment District); housing is not permitted by‑right; Residential or mixed‑use redevelopment would likely require a zoning map amendment and/or a Planned Development—confirm with zoning counsel
