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2274 N Milwaukee Ave
Chicago, IL 60647
Land For Sale
·
0.60 AC
INVESTMENT HIGHLIGHTS
- High exposure location along the popular Milwaukee Ave Corridor attracting top retailers, restaurants and residents. 250 Feet of Frontage on Milwaukee
- Short distance from I-90 (190,300 vehicles per day) with access via Fullerton Avenue (24,000 vehicles per day).
- Transit Oriented Development, steps away from California Avenue CTA Station. 764,325 Annual Riders!
- 15-minute drive to The Loop (Chicago CBD) and Fulton Market with well over 70M Square Feet of office space.
EXECUTIVE SUMMARY
The Property is located along the vibrant Milwaukee Ave corridor, brimming with boutique and national retailers, trendy restaurants, and high-demand residential. The Property is currently zoned C1-1 within Chicago, allowing for a plethora of commercial uses on site. The property is improved with a 9,933 SF vacant building, most recently used as a Dollar General store, and a 34 stall parking lot.
2274 N Milwaukee further offers a larger mixeduse/residential development opportunity. With over 26,000 SF of land, developers may look to build a substantial mid-rise mixed-use (residential with first floor commercial) building along the sought after Milwaukee Ave corridor. With possible rezoning scenarios of a B2-3 (4 FAR) or a B1-5, developers could deliver up to 145 units in a mixed-use building, in a high barrier to entry land/development submarket.
2274 N Milwaukee further offers a larger mixeduse/residential development opportunity. With over 26,000 SF of land, developers may look to build a substantial mid-rise mixed-use (residential with first floor commercial) building along the sought after Milwaukee Ave corridor. With possible rezoning scenarios of a B2-3 (4 FAR) or a B1-5, developers could deliver up to 145 units in a mixed-use building, in a high barrier to entry land/development submarket.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 0.60 AC |
| Zoning | C1-1 - Neighborhood Commercial District | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.60 AC |
| Zoning | C1-1 - Neighborhood Commercial District |
1 LOT AVAILABLE
Lot
| Lot Size | 0.60 AC |
| Lot Size | 0.60 AC |
2274 North Milwaukee is steps away from a CTA Blue Line Station along California Avenue, providing easy transportation in and out of Downtown Chicago, other popular neighborhoods of Chicago, and even O’Hare International Airport. Logan Square is a hi
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