SoldJul 1, 2025

Listed by Benyamin Lalez and James Bellavia from Compass

Bought with Conrad Sienkiewicz from Core Realty & Investments Inc.

Source: Midwest Real Estate Data, LLC #12297278

1347 West Taylor Street, Chicago, IL, 60607

$362,000

Land

•

30+ days on the market

Sold: Jul 1, 2025

What's around 1347 West Taylor Street

About this property

Prime B3-2 zoned lot in Little Italy measuring 24.25' x 102.90' (approx. 2,641 sq. ft.) offers incredible development potential for a mixed-use or residential project. B3-2 zoning allows for ground-floor commercial with residential above or a multi-unit residential building, with a 2.2 FAR permitting up to 5,810 sq. ft. of buildable space and a maximum height of 50 feet (typically 3-4 stories). The lot supports up to two residential units by right plus commercial on the ground, with potential for zoning relief or variances. Located in a thriving area near UIC, Rush Medical District, and public transit, this is a great opportunity for investors or developers looking to capitalize on a high-demand neighborhood. Buyer to verify all zoning and development possibilities. Listing photos are conceptual and meant to illustrate potential development possibilities. Buyers are advised to conduct their own market and zoning research.

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