1324 W Wrightwood Ave

Highlights:

• Rarely available Lincoln Park corner lot development opportunity with nearly 150' of frontage along Wrightwood Avenue & Wayne Avenue.
• Favorable in-place C1-2 zoning permitting 2.2 FAR density, above-grade residential development and ground-floor retail.
• Existing curb cut on Wayne Avenue, maximizing developer flexibility for optimal building footprint design and utilization.
• Surrounded by luxury single-family and multi-unit residential housing and continued new development.
• Within the highly sought-after CPS 299 school district, inclusive of Prescott Elementary School and Lincoln Park High School.
• Located only blocks from numerous public parks, including but not limited to; Wrightwood Park, Supera Louis Park and Jonquil Park.
• Notable businesses in the immediate vicinity of the property include an incredibly strong mix of uses, including Avli Taverna, Love Street, Lakeshore Sport + Fitness, DePaul University, Lou Malnati's, Starbucks, Costco, Menards, ALDI and more.

Description:

This offering is a rarely available corner lot development opportunity in Lincoln Park featuring nearly 150' of frontage and an existing curb cut on Wayne Avenue for maximum design flexibility. The property holds favorable C1-2 zoning, which permits a 2.2 FAR density, allowing for above-grade residential development and ground-floor retail. It is situated within the sought-after CPS 299 school district and is surrounded by luxury residential housing and notable businesses like Avli Taverna, DePaul University, and Lou Malnati's. The location is prized for its dense urban fabric, strong demographics, and proximity to major public parks and CTA transit lines.

Lincoln Park is one of Chicago's most affluent and supply-constrained mixed-use submarkets, prized for its dense urban fabric, strong demographics, and consistent investor demand. Anchored by DePaul University, nationally recognized retailers, and a vibrant food-and-beverage scene, the neighborhood benefits from year-round foot traffic and a built-in renter base of professionals, students, and long-term residents. High barriers to entry, limited redevelopment sites, and strong zoning protections support durable asset values and long-term appreciation. Excellent CTA access via the Brown, Red, and Purple Lines, paired with proximity to Lake Michigan, downtown Chicago, and major employment hubs, positions Lincoln Park as a top-tier location for mixed-use investment with stable cash flow and value-add upside.

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