For Sale | 11.3188 Acre Site (Divisible)
$12,326,173
5451 North Western Avenue, Chicago, IL 60625
For Sale
Land
Commercial
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)
Documents:
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Offering Memorandum
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