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Corner Multifamily Development Site
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1721 W Wrightwood Ave, Chicago, IL 60614

Oversized corner lot in West Lincoln Park suited for teardown and new construction.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market134

Property Features for 1721 W Wrightwood Ave

General Information

Standard status Active
Lot size 0.08 Acres
Property subtype Multifamily
Listing Agency: Compass Roscoe Village
Listed By: Rich Kasper · License #IL
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 9:57AM

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 Compass Roscoe Village

Investment Insights

Based on property information with market context.

This property is a corner building on an oversized lot, presented for teardown and new construction. The offering is directed to builders looking for redevelopment space with room for new improvements.

The site is located in West Lincoln Park, Chicago. It is described as having approximately 25 feet of frontage by 134.5 feet in depth.

Redevelopment plans will be based on the existing structure’s removal and the new buildout, subject to applicable permitting and design requirements.

Key Highlights

  • Corner building in West Lincoln Park
  • Oversized 25 x 134.50 lot
  • Suited for teardown and new construction

Property Analytics

Current Use

Augie's Bar & Pub

Suggested Use

Top Pick Food Market HVAC Service Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) Store Catering Service

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

2,765
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Oversized corner lot in West Lincoln Park suited for teardown and new construction.
Where is this multifamily property located?
The property is located at 1721 W Wrightwood Ave Chicago, IL.
What are key features of this property?
This property features: Corner building in West Lincoln Park; Oversized 25 x 134.50 lot; Suited for teardown and new construction
More about this property
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