1347 West Taylor, Chicago IL 60607
- Size acres
- Dimensions 24.25X102.90
- Taxes $2,422
- Payment Estimate View Mortgage Calculator
Property Description
Prime B3-2 zoned lot in Little Italy measuring 24.25' x 102.90' (approx. 2,641 sq. ft.) offers incredible development potential for a mixed-use or residential project. B3-2 zoning allows for ground-floor commercial with residential above or a multi-unit residential building, with a 2.2 FAR permitting up to 5,810 sq. ft. of buildable space and a maximum height of 50 feet (typically 3-4 stories). The lot supports up to two residential units by right plus commercial on the ground, with potential for zoning relief or variances. Located in a thriving area near UIC, Rush Medical District, and public transit, this is a great opportunity for investors or developers looking to capitalize on a high-demand neighborhood. Buyer to verify all zoning and development possibilities. Listing photos are conceptual and meant to illustrate potential development possibilities. Buyers are advised to conduct their own market and zoning research.
Features & Information
Key Details
- List Price $449,900
- Property Taxes $2,422
- Lot Dimensions 24.25X102.90
- Status Active
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
Location
- General Information Commuter Bus,Commuter Train,Interstate Access
- County Cook
- Township North Chicago
- Corporate Limits Chicago
- Directions to Property South On Loomis And East On Taylor
-
Property Taxes
- Tax $2,422
- Tax Year 2022
- Parcel Identification Number 17173260060000
Listed by Benyamin Lalez for Compass | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 3/12/2025 11:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Explore University Village
Italian ice,the origins of the hotdog and backpack-toting college students are just a sampling of the rich cultural backdrop of this near southwest side Chicago setting.University Village/Little Italy is a union of two separate communities that have merged as one, bringing the best of both worlds to a single Chicago neighborhood. The University of Illinois Chicago campus instills a collegiate sensibility with faculty and students milling about, while the blocks of Little Italy present a much quainter appeal with friendly front stoops occupied by groups of neighbors gathered to chat. Much anticipated Little Italy street festivals and holiday parades give community members even more reason to congregate, along with throngs of other Chicagoans who come to partake in the fun. Lying catty-corner to the Chicago Loop, this neighborhood's proximity to the bustling city center is convenient, without marring the area's characteristic Old World charm. A quick ride on the Blue Line Eltrain or a short trip on the Eisenhower Expressway will get you right downtown in minutes.
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