
LOGAN SQUARE RESIDENTIAL REDEVELOPMENT OPPORTUNITY
RARE RT-4 ZONING ALLOWS FOR MULTI-UNIT RESIDENTIAL REDEVELOPMENT
Marketing description
An EXCEPTIONAL REDEVELOPMENT OPPORTUNITY in the heart of Logan Square, one of Chicago’s most active and sought-after development corridors. Zoned RT-4, this property offers strong potential for multi-unit residential development, making it an ideal acquisition for builders and developers seeking to capitalize on the neighborhood’s continued growth and demand for new housing. The lot presents an opportunity for ground-up construction of a new multi-unit building (commonly 2–3 units under RT-4 zoning) or a full gut renovation and repositioning of the existing structure. The property is being offered as-is, and the current improvements are considered in good condition. However, this remains a perfect possible teardown candidate or full rehabilitation project, providing a blank slate for redevelopment.
Strategically located near the Logan Square commercial corridor, the property is within walking distance of Milwaukee Avenue’s retail, restaurants, nightlife, and neighborhood amenities. The location offers excellent transit access, including the CTA Blue Line and multiple bus routes, providing convenient connectivity to downtown Chicago, surrounding neighborhoods, and O'Hare Airport. With strong neighborhood fundamentals, continued residential demand, and favorable zoning, this property represents a compelling value-add and development opportunity in one of Chicago’s most dynamic submarkets. Call today for more information!
Investment highlights
RT-4 Zoned, allowing for Multi-Unit Development.
Neighboring the Chicago Fireman's Memorial Park, with a great plaza view.
Steps from public transportation (Blue Line / CTA bus) and the vibrant Milwaukee Ave. corridor.
Less than 1/2 mile to I94 making travel to and from a breeze.
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