Land

1801 W Grace Street, Chicago

1801 W Grace St Chicago, Illinois United States 60613
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Attributes

Land Area ()

Property Description

1801 West Grace St. is a 27,716 square foot development parcel in Chicago's North Center neighborhood. The property is located between the Chicago and Northwestern Railroad Company and Northwestern Elevated Railroad Company lines between N. Lincoln and N. Ravenswood Avenue.


The property underwent a Type I zoning amendment to a B2-5 designation. The amended zoning allows for the development of a 62-unit residential building with 54 parking stalls. This planned project will deliver a max buildable area of 84,094 square feet with a maximum building height of 69'0".

Investment Highlights

  • North Center neighborhood is one of Chicago's hidden gems, the site boasts a walk score of 95, with easy access to the area's local restaurants, eclectic bars and entertainment options
  • Location offers exceptional access to public transportation
  • Zoning allows for the development of a 62-unit residential building
  • Chicago has been experiencing unprecedented population growth as corporate migration from the suburbs into the city continues
Last Updated Date: 11 Nov 2020
Dan Reynolds
Dan Reynolds
Director, Capital Markets
License details
IL
+6620260615
Tom Kirschbraun
Tom Kirschbraun
Managing Director, Land Group Leader
+6620260615
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+6620260615
Last Updated Date: 11 Nov 2020

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