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Redevelopment Land for Multi-Family
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Pending

2138-40 N Rockwell Street, Chicago, IL 60647

Triangular redevelopment site with multiple access points near N. Milwaukee Avenue, suitable for multi-family development subject to zoning.

Property SizeContact for details
Lot Size0.08 Acres
Days on Market123

Property Features for 2138-40 N Rockwell Street

General Information

Standard status Pending
Lot size 0.08 Acres
Property subtype Land
Listing Agency: 5M Group
Listed By: Mark Reiter · License #IL 471.008247
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Apr 10 at 11:09PM

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 5M Group

Investment Insights

Based on property information with market context.

This redevelopment land parcel at 2138-40 N. Rockwell Street occupies a triangular 3,557 square foot lot and offers multiple points of accessibility. Conditional upon zoning approval, the site may be used to support a new multi-family development with attached garage spaces. The conceptual building program includes front and rear balconies, in-unit washer/dryer, elevators, and communal rooftop space.

The property is located within walking distance of N. Milwaukee Avenue. The projected build out described for the site would include one duplex down, with simplex units on each additional floor, subject to applicable entitlements and design requirements.

Interested parties should verify all zoning, permitting, and feasibility items with the appropriate authorities prior to submitting plans.

Key Highlights

  • Triangular 3,557 SF redevelopment lot at 2138 N. Rockwell Street.
  • Within walking distance of N. Milwaukee Avenue.
  • Multiple points of accessibility to the site.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Accounting Firm Nursing Home Fish Market Clothing & Fashion Store Mobile Phone Store Tanning Salon

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

2,657
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Triangular redevelopment site with multiple access points near N. Milwaukee Avenue, suitable for multi-family development subject to zoning.
Where is this residential land & home lot located?
The property is located at 2138-40 N Rockwell Street Chicago, IL.
What are key features of this property?
This property features: Triangular 3,557 SF redevelopment lot at 2138 N. Rockwell Street.; Within walking distance of N. Milwaukee Avenue.; Multiple points of accessibility to the site.
More about this property
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