Residential Development
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For Sale
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830 South Michigan Avenue, Chicago, IL 60605
DX-16 and DX-12 zoning supports residential development with units permitted by right.
Property SizeContact for details
Days on Market5
Property Features for 830 South Michigan Avenue
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
CBRE | Chicago
Listed By:
Tom Svoboda
(312) 935-1481
Source:
Cbre
Added: Sep 20
Last Checked: Sep 24 at 7:47AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This commercial land offering comprises an approximately 36,800-square-foot development assemblage extending across nearly an entire city block. The site carries DX-16 and DX-12 zoning and permits development of up to 407 residential units by right, supporting a substantial residential project. Buildable floor area is identified at up to 493,000 square feet.
The assemblage spans between Michigan Avenue and Wabash Avenue, with frontage on both streets. Its configuration and dual-street presence provide a sizable development platform within Chicago’s South Loop.
The assemblage spans between Michigan Avenue and Wabash Avenue, with frontage on both streets. Its configuration and dual-street presence provide a sizable development platform within Chicago’s South Loop.
Key Highlights
- Up to 407 residential units permitted by right
- Approximately 36,800 SF development assemblage
- Up to 493,000 SF of buildable floor area
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
22,010
Businesses Nearby
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Business Placement
Demographics for 60605, IL
34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - DX-16 and DX-12 zoning supports residential development with units permitted by right.
Where is this commercial land located?
The property is located at 830 South Michigan Avenue Chicago, IL.
What are key features of this property?
This property features: Up to 407 residential units permitted by right; Approximately 36,800 SF development assemblage; Up to 493,000 SF of buildable floor area
