Development-Ready Multifamily
For Sale
Contact for pricing
2208 W Lawrence Ave, Chicago, IL 60625
For-sale development parcel permitted for a ten-unit multifamily building under B2-3 with Type-1 zoning amendment.
Property SizeContact for details
Days on Market121
Property Features for 2208 W Lawrence Ave
General Information
Standard status
Active
Property subtype
Land
Zoning
B2-3
Additional Details
Multifamily Units
10
Listing Agency:
Greenstone Partners
(312) 234-0360
Listed By:
Danny Spitz · License #475168799
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 development-ready parcel is permitted to begin construction on a ten (10) unit multifamily building. The property received a Type-1 zoning amendment under the current B2-3 zoning to allow a 100% multifamily development.
Located in Chicago’s Lincoln Square neighborhood, the property is positioned near the intersection of Western Ave, Lawrence Ave, and Lincoln Ave. Public transportation is available with the CTA Brown Line “L” train stops approximately 0.4 miles away at Western and Damen, and Metra’s UP-N Ravenswood station approximately 0.5 miles east of the site. CTA bus routes #49, #50, and #81 also serve the area.
As described, standard B2-3 zoning typically requires a commercial unit on the ground level, and the amendment provides for the 100% multifamily configuration for this specific site.
Located in Chicago’s Lincoln Square neighborhood, the property is positioned near the intersection of Western Ave, Lawrence Ave, and Lincoln Ave. Public transportation is available with the CTA Brown Line “L” train stops approximately 0.4 miles away at Western and Damen, and Metra’s UP-N Ravenswood station approximately 0.5 miles east of the site. CTA bus routes #49, #50, and #81 also serve the area.
As described, standard B2-3 zoning typically requires a commercial unit on the ground level, and the amendment provides for the 100% multifamily configuration for this specific site.
Key Highlights
- Permitted to begin construction of a 10‑unit multifamily building
- B2‑3 zoning with a Type‑1 zoning amendment allowing 100% multifamily development
- Located in Chicago’s Lincoln Square neighborhood near Western Ave, Lawrence Ave, and Lincoln Ave
Property Analytics
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
1,978
Businesses Nearby
Explore this area
Business Placement
Demographics for 60625, IL
76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - For-sale development parcel permitted for a ten-unit multifamily building under B2-3 with Type-1 zoning amendment.
Where is this residential land & home lot located?
The property is located at 2208 W Lawrence Ave Chicago, IL.
What are key features of this property?
This property features: Permitted to begin construction of a 10‑unit multifamily building; B2‑3 zoning with a Type‑1 zoning amendment allowing 100% multifamily development; Located in Chicago’s Lincoln Square neighborhood near Western Ave, Lawrence Ave, and Lincoln Ave
