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For Sale | 11.3188 Acre Site (Divisible)

$12,326,173

5451 North Western Avenue, Chicago, IL 60625

Active
Last Updated: 08/08/2024

11.3188 acres

Lot Area

25

Price Per Sqft

Details:
Lot Area:    11.3188 acres
Price Per Sqft:    $25
Zoning:    RM-5 Zoning
Description:

• 11.3188 acres of greenfield land available (divisible to 3 +/- acres)

• Located in Chicago’s vibrant Andersonville / Lincoln Square neighborhood

• RM-5 Zoning

• Deed Restricted Permitted Uses:
- School (public or private)
- Retirement home
- Nursing home
- Health care facility
- Church, synagogue or other place of worship

• 2.0 FAR / 986,094 sq. ft. RBA Permitted

• 40th Ward (Alderman Patrick O’Connor)

• Located 0.88 miles from CTA Brown Line Western Stop (Lincoln Square)

• Located within the Devon/Western TIF (2023 expiration)

• ASKING PRICE: $25.00 psf ($12,326,173.20)

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery