TOD Development Parcel
Chicago, IL 60647
TOD Development Parcel Image
SOLD
TOD Development Parcel
1966 N Milwaukee
Chicago, IL 60647
  • Sale Price: $550,000
  • Investment Type: Development
  • Deal Type: Commercial Sale
  • Property Type: Land
TRANSACTION DETAILS:

• 250 feet north of the CTA Western Blue Line ‘L’ Station that had a total of ±1,700,000 passengers that connects Bucktown / Logan Square to O’Hare International Airport and the “Loop” CBD • Rarely available development parcel located in highly desirable Bucktown / Logan Square along Milwaukee Avenue • 1,000 feet from Chicago’s first elevated trail – “The 606” or “Bloomingdale Trail” • Population of 60,894 people within a 1-mile radius with an average household income of $90,000+ • ±4,000 SF development parcel (40’ x 100’) zoned B3-2 • Transit Oriented Development (TOD) eligible site – potential for 3.5 : 1 zoning density providing up to 14,000 SF