Chicago - Beach Property For Sale #6837065

Prime Rogers Park Development Opportunity! 50' x 172' (8,600 SF) lot with B3-3 zoning directly next to the Morse Red Line station. FAR of 3.0 allows for up to 25,800 buildable SF and approximately 21+ residential units (with potential for 28 studio/efficiencies). Maximum building height: 65 ft. Located in a transit-served location, parking requirements may be reduced. Space for at least 6 cars at rear. Ground floor is ideal for required commercial use, or pursue special use through ZBA for flexibility. Surrounded by new developments, retail, dining, Loyola University, and just blocks from Lake Michigan, this site offers unbeatable accessibility and growth potential in one of Chicago's most vibrant neighborhoods. Seller open to JV partnership and other transaction options.