About 1072 N Milwaukee Avenue
Prime redevelopment opportunity at 1072 N Milwaukee Avenue in Chicago's vibrant Milwaukee Avenue corridor. The property features a 5,227-square-foot lot zoned C1-3, offering exceptional potential for a mixed-use residential and commercial development. With a 3.0 Floor Area Ratio (FAR), the site provides approximately 15,682 square feet of allowable floor area and a projected development capacity of 14 residential units. C1-3 zoning permits a variety of commercial uses, including ground-floor retail with residential apartments above, creating an attractive opportunity for developers and investors. No ARO requirement. Ideally positioned along a highly desirable urban corridor, this property presents an opportunity to capitalize on strong neighborhood demand and continued investment in the surrounding area. All zoning, density, permitted uses, and development potential are subject to independent verification with the City of Chicago.
Features of 1072 N Milwaukee Avenue
| MLS® # | 12783193 |
|---|---|
| Price | $1,600,000 |
| Bathrooms | 0.00 |
| Type | Land |
| Sub-Type | Land |
| Status | New |
Community Information
| Address | 1072 N Milwaukee Avenue |
|---|---|
| Area | CHI - West Town |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60642 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Cellar |
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Meridian Real Estate Chicago LLC |
|---|