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1406 W Morse Avenue, Chicago, IL 60626

For Sale

$1,300,000

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

Explore this Property

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.
MLS# 12478584

Courtesy Of Landstar Realty Group, Inc.

(847) 677-5050

Property Features

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Directions to 1406 W Morse Avenue, Chicago, IL 60626

Home seller CENTURY 21 Universal Real Estate

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(773) 465-0300
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.