For Sale Lot / Land MLS# 12783193

1072 N Milwaukee Avenue

Chicago, IL 60642

$1,600,000

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About 1072 N Milwaukee Avenue

Prime redevelopment opportunity at 1072 N Milwaukee Avenue in Chicago's vibrant Milwaukee Avenue corridor. The property features a 5,227-square-foot lot zoned C1-3, offering exceptional potential for a mixed-use residential and commercial development. With a 3.0 Floor Area Ratio (FAR), the site provides approximately 15,682 square feet of allowable floor area and a projected development capacity of 14 residential units. C1-3 zoning permits a variety of commercial uses, including ground-floor retail with residential apartments above, creating an attractive opportunity for developers and investors. No ARO requirement. Ideally positioned along a highly desirable urban corridor, this property presents an opportunity to capitalize on strong neighborhood demand and continued investment in the surrounding area. All zoning, density, permitted uses, and development potential are subject to independent verification with the City of Chicago.

Property details

Property

Type
land
List date
Oct 13, 2026

Schools

District
Chicago Public School District 299

Location

Subdivision
West Town
Neighborhood
West Town

Location

Neighborhood
West Town
School district
Chicago Public School District 299

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Listed by James Sheehan, Meridian Real Estate Chicago LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.