Share This Listing

Message

910 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

1540-1542 N Western Ave - West Wicker Park - Double Lot- Development 0.12 Acres of Commercial Land Offered at $999,000 in Chicago, IL 60622

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Prime Location

EXECUTIVE SUMMARY

– 2 lots of prime investment / development opportunity with Western Avenue frontage, just south of North Avenue
– High-visibility location with over 29,100 vehicles per day
– Great West Wicker Park/Bucktown location just 2.5 blocks from The 606 / Bloomingdale Trail and steps away from North Avenue dining and nightlife options
– Easily accessible to public transportation, located on CTA #49 Western bus route, #72 North Ave & 0.5miles from Blue Line Damen station

PROPERTY FACTS

Price $999,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Mixed Use
Total Lot Size 0.12 AC
No. Stories 1
Zoning C 1-2

1 LOT AVAILABLE

Lot

Price $999,000
Price Per AC $8,325,000.00
Lot Size 0.12 AC

Fantastic 5,458 sq. ft. (.125 acre) lot in vibrant Wicker Park., zoning permitting mixed-use development. Unbeatable location in a high-demand, high-traffic neighborhood with a thriving arts and dining scene. Perfect for investor development.

DESCRIPTION

Fantastic 5,458 sq. ft. (.125 acre) lot in vibrant Wicker Park., zoning permitting mixed-use development. Unbeatable location in a high-demand, high-traffic neighborhood with a thriving arts and dining scene. Ideal for investors seeking significant urban core development potential.

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-01-207-026-0000
  • 16-01-207-027-0000
Land Assessment
$67,926
Improvements Assessment
$3,239
Total Assessment
$71,165
  • Listing ID: 38523309

  • Date on Market: 11/20/2025

  • Last Updated:

  • Address: 1540-1542 N Western Ave, Chicago, IL 60622

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}