1539 S Springfield Ave
Chicago, IL 60623
Land For Sale · 1.20 AC

Root Realty has been exclusively engaged to market for sale 1539 S. Springfield a 1.2 acre development site (approx 17 city lots) in the North Lawndale neighborhood. The parcel is currently zoned RT-4 and runs from Harding to Springfield along 16th Street. According to the current Zoning Ordinance, the RT-4 zoning accommodates two-flats, townhouses, low-density apartment buildings, single family homes. The maximum floor area ratio is 1.2, the minimum lot area per dwelling unit is 1,000 SF, and the maximum building height is 38 feet. In one scenario, an investor may subdivide the lots to build 16 two flats. • Gravel lot next to property is owned by the city of Chicago. Ward: 24 Alderman: Michael Scott, Jr • Located in an Opportunity Zone • Gravel Lot is owned by the city. Alderman Scott open to selling the lot to an entity that has a development plan that his community would support.