Chicago, IL 60626,1406 W Morse AVE
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$ 1,300,000
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1406 W Morse AVE Chicago, IL 60626


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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12478584

Annual Tax Amount $33,125

Tax Year 2023

Lot Dimensions 50x172

Property Sub-Type Land

Property Description

Prime Rogers Park Development Opportunity! 50' x 172' (8,600 SF) lot with B3-3 zoning directly next to the Morse Red Line station. FAR of 3.0 allows for up to 25,800 buildable SF and approximately 21+ residential units (with potential for 28 studio/efficiencies). Maximum building height: 65 ft. Located in a transit-served location, parking requirements may be reduced. Space for at least 6 cars at rear. Ground floor is ideal for required commercial use, or pursue special use through ZBA for flexibility. Surrounded by new developments, retail, dining, Loyola University, and just blocks from Lake Michigan, this site offers unbeatable accessibility and growth potential in one of Chicago's most vibrant neighborhoods. Seller open to JV partnership and other transaction options.

Location

State IL

County Cook

Area Chi - Rogers Park

Interior

Fireplace N

Building

Dwelling Type Land

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Isaac Jolcover of  Landstar Realty Group, Inc. 
Eric Marcus

Eric Marcus

Broker

+1(773) 732-9898

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1406 W Morse AVE