About 1428 N Wood Street
RM-5 zoned land. 1428 N Wood St is a 2,200 SF vacant land parcel just off Milwaukee Ave, three blocks from the Damen Blue Line CTA Station. RM-5 zoning allows for 2.0 FAR construction and 4,400 of Buildable SF. The list price of $475,000 reflects $108 per Buildable SF or a 43% discount to recent comparable land sales - see OM under Additional Info. Lot frontage is 25' wide with an average depth of 88'. Can be sold with 1430 N Wood St, the lot immediately to the north. 1430 N Wood St is a 2,475 SF lot with RM-5 zoning, currently improved with a 3-unit building producing $69,510 of gross revenue. Hanna Architects created a massing study with a 6-unit center-entrance across both parcels in 2018. Design and Survey also available under Additional Info.
Features of 1428 N Wood Street
| MLS® # | 12758750 |
|---|---|
| Price | $475,000 |
| Bathrooms | 0.00 |
| Type | Land |
| Sub-Type | Land |
| Status | Contingent |
Community Information
| Address | 1428 N Wood Street |
|---|---|
| Area | CHI - West Town |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60622 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 15 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Essex 312, LLC |
|---|