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- LoopNet Team
691 N Milwaukee Ave
Chicago, IL 60642
Land For Sale
·
0.32 AC
INVESTMENT HIGHLIGHTS
- River West/NoMa development site with close proximity to downtown Chicago.
- High-traffic Milwaukee Avenue location conveniently located between River North and West Loop/Fulton Market.
- Site benefits from increased density potential (buildable FAR) with its location within Equitable TOD & Neighborhood Opportunity Bonus boundaries.
- Steps from the newly approved Bally’s Casino, NoMa master development and re-development of the former Chicago Tribune site.
- Development flexibility with Seller obtaining fully permitted ‘as-of-right’ construction plans.
- Ideal development footprint to account for automobile turning radius. Located less than 1,000 feet from Chicago Blue Line CTA Station.
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.32 AC |
| Property Subtype | Commercial | No. Stories | 3 |
| Zoning | C1-3 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.32 AC |
| No. Stories | 3 |
| Zoning | C1-3 |
DESCRIPTION
The SVN® Chicago Commercial | Urban Team has been obtained by ownership to exclusively represent the sale offering of this unique development opportunity. The opportunity consists of a highly desirable 14,136 SF land site located in River West/NoMa with close proximity to downtown Chicago. 691-699 N Milwaukee Avenue is located a step from the newly approved Bally’s Casino, NoMa master development and re-development of the former Chicago Tribune site. The offering provides development flexibility with the Seller obtaining fully permitted ‘as-of-right’ construction plans while the site also benefits from increased density potential (buildable FAR) with its location within Equitable Transit Oriented Development and Neighborhood Opportunity Bonus boundaries.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,494 | |
| Land Assessment | $121,376 | Total Assessment | $123,870 |
PROPERTY TAXES
