Logo
MLS Properties
2
$1,600,000 Sale
Listed 1 hour
1072 N Milwaukee Avenue IL
· 0
· 0
· 0
· -
Key Facts
Key facts for 1072 N Milwaukee Avenue IL
Property Type
Lots/Land
Parking
0 parking
MLS #
12783193
Size
-
Basement
Cellar
Listed on
-
Lot size
-
Tax
$6,677 /yr
Days on Market
-
Year Built
-
Maintenance Fee
-
Description
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 prov...ides 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.
Similar Properties (No results)
Listing courtesy of: Meridian Real Estate Chicago LLC

Listings courtesy of MRED as distributed by MLS GRID.