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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.

Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Very bikeable
80/100

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

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