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1324 W Wrightwood Ave 0.07 Acres of Residential Land Offered at $1,550,000 in Chicago, IL 60614
Investment Highlights
- Rarely available Lincoln Park corner lot development opportunity with nearly 150' of frontage along Wrightwood Avenue & Wayne Avenue.
- Surrounded by luxury single-family and multi-unit residential housing and continued new development.
- Located only blocks from numerous public parks, including but not limited to; Wrightwood Park, Supera Louis Park and Jonquil Park.
- Existing curb cut on Wayne Avenue, maximizing developer flexibility for optimal building footprint design and utilization.
- Within the highly sought-after CPS 299 school district, inclusive of Prescott Elementary School and Lincoln Park High School.
- Notable businesses in the immediate vicinity of the property include an incredibly strong mix of uses, including Avli Taverna, Love Street etc.
Executive Summary
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.
Property Facts
| Price | $1,550,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 0.07 AC |
| Zoning | C1-2 - Favorable in-place C1-2 zoning permitting 2.2 FAR density, above-grade residential development and ground-floor retail. | ||
| Price | $1,550,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 0.07 AC |
| Zoning | C1-2 - Favorable in-place C1-2 zoning permitting 2.2 FAR density, above-grade residential development and ground-floor retail. |
1 Lot Available
Lot
| Price | $1,550,000 | Lot Size | 0.07 AC |
| Price Per AC | $22,498,657.34 |
| Price | $1,550,000 |
| Price Per AC | $22,498,657.34 |
| Lot Size | 0.07 AC |
Corner lot residential redevelopment
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Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (86)
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