Chicago, IL 60607,1347 W Taylor Street
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Chicago, IL 60607,1347 W Taylor Street
Chicago, IL 60607,1347 W Taylor Street
Chicago, IL 60607,1347 W Taylor Street
Chicago, IL 60607,1347 W Taylor Street
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1347 W Taylor Street Chicago, IL 60607


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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12297278

Annual Tax Amount $2,422

Tax Year 2022

Lot Dimensions 24.25X102.90

Property Sub-Type Land

Property Description

Prime B3-2 zoned lot in Little Italy measuring 24.25' x 102.90' (approx. 2,641 sq. ft.) offers incredible development potential for a mixed-use or residential project. B3-2 zoning allows for ground-floor commercial with residential above or a multi-unit residential building, with a 2.2 FAR permitting up to 5,810 sq. ft. of buildable space and a maximum height of 50 feet (typically 3-4 stories). The lot supports up to two residential units by right plus commercial on the ground, with potential for zoning relief or variances. Located in a thriving area near UIC, Rush Medical District, and public transit, this is a great opportunity for investors or developers looking to capitalize on a high-demand neighborhood. Buyer to verify all zoning and development possibilities. Listing photos are conceptual and meant to illustrate potential development possibilities. Buyers are advised to conduct their own market and zoning research.

Location

State IL

County Cook

Zoning MULTI

Interior

Fireplace N

Exterior

Utilities Available Electric Nearby, Gas Nearby, Water Nearby

View Y/N true

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None


Listed by Benyamin Lalez • Compass
agent

Bruce Glazer

+1(765) 914-8199

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1347 W Taylor Street