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2434-2440 Bryn Mawr Ave 0.24 Acres of Residential Land Offered at $998,083 CAD in Chicago, IL 60659

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EXECUTIVE SUMMARY

2434-2440 W Bryn Mawr, Chicago, Illinois. is situated in Chicago’s West Ridge neighborhood, and comprises a single corner parcel with a total land area of 10,257 square feet. Previously a surface parking lot for a nearby church, the site boasts 82 feet of frontage along Bryn Mawr Avenue and 125 feet along Artesian Avenue. It is located near Rosehill Cemetery in a mixed-use area that includes single-family homes, multi-unit investment properties, and larger rental buildings, with the Lincoln Avenue retail corridor to the west and south.
The property benefits from proximity to CTA bus lines along Lincoln and Western Avenues, providing excellent public transportation access. Additionally, Western and Lincoln Avenues serve as major automobile transit routes.
The property is located in Chicago’s 40th Ward and is zoned B1-2. Alderman Andre Vasquez, known for advocating density and affordable housing, represents this ward. Any rezoning efforts to increase density will likely require community engagement and adherence to the City’s Affordable Requirements Ordinance (ARO). Initial indications suggest the Alderman may support higher density at this location
Alternative as-of-right uses include medical facilities, daycare centers, and not-for-profit organizations such as community homes and domestic violence shelters. A potential development could include a 10-unit rental or condominium building with required ground-floor retail, though residential live/work spaces might be considered as an alternative if community consensus is achieved. Price is subject to offer.

PROPERTY FACTS

Price $998,083 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Storefront, Retail or Residential
Total Lot Size 0.24 AC
Zoning B1-2 - Neighborhood Shopping District
Parcel Number 13-01-431-032-0000

1 LOT AVAILABLE

Lot

Price $998,083 CAD
Price Per AC $4,238,719.60 CAD
Lot Size 0.24 AC

Corner Land Parcel. Multifamily, Retail, Office uses, zoned B1-2.

DESCRIPTION

2434-2440 W Bryn Mawr, Chicago, Illinois. is situated in Chicago’s West Ridge neighborhood, and comprises a single corner parcel with a total land area of 10,257 square feet. Previously a surface parking lot for a nearby church, the site boasts 82 feet of frontage along Bryn Mawr Avenue and 125 feet along Artesian Avenue. It is located near Rosehill Cemetery in a mixed-use area that includes single-family homes, multi-unit investment properties, and larger rental buildings, with the Lincoln Avenue retail corridor to the west and south. The property benefits from proximity to CTA bus lines along Lincoln and Western Avenues, providing excellent public transportation access. Additionally, Western and Lincoln Avenues serve as major automobile transit routes. The property is located in Chicago’s 40th Ward and is zoned B1-2. Alderman Andre Vasquez, known for advocating density and affordable housing, represents this ward. Any rezoning efforts to increase density will likely require community engagement and adherence to the City’s Affordable Requirements Ordinance (ARO). Initial indications suggest the Alderman may support higher density at this location Alternative as-of-right uses include medical facilities, daycare centers, and not-for-profit organizations such as community homes and domestic violence shelters. A potential development could include a 10-unit rental or condominium building with required ground-floor retail, though residential live/work spaces might be considered as an alternative if community consensus is achieved.

Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 34464142

  • Date on Market: 2025-01-13

  • Last Updated:

  • Address: 2434-2440 Bryn Mawr Ave, Chicago, IL 60659

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