1441 W Diversey Pkwy new

Chicago,IL 60614

$ 895000

5 Beds

2 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12382871

Bedrooms 5

Year Built 1910

Annual Tax Amount $18,785

Tax Year 2023

Property Sub-Type Two to Four Units

Property Description

Introducing this exceptional RT-4 Zoned Lincoln Park/Lakeview development opportunity on an extra wide (28' x 114') lot situated among (and completely surrounded on three sides by) million-dollar townhomes & condos on Diversey, Greenview & Janssen. The handsome all brick Lincoln Park two flat is situated between Southport & Ashland. This Chicago classic has graced the property for more than 100 years and has served the current owners and their family for more than half of that time. The property has great alley access to a detached two car garage. The lot is 3248 square feet which we believe under the applicable RT-4 zoning regulations allows for a total of three units, a Floor Area Ratio of 1.2 and a maximum building height of 38 feet. A copy of the zoning map and a summary of the RT-4 zoning regulations are attached under additional documentation along with a current survey, interior photos from April 2025 and a copy of the most recent tax bill. THIS DOCUMENTATION IS PROVIDED FOR EASE OF REFERENCE ONLY WITH NO GUARANTEE OR REPRESENATION OF ITS ACCURACY. The property has always been and is occupied but being sold in "as is" condition as should be expected in a transaction of this nature. There is certainly an ability for a new owner to live in or lease the two units post-closing while whatever future plans might be in the works. One to be given immediate consideration!

Location

State IL

County Cook

Area Chi - Lincoln Park

Zoning MULTI

Interior

Heating Natural Gas,Radiator(s)

Exterior

Garage Spaces 2.0

Community Features Curbs,Sidewalks,Street Lights,Street Paved

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer,Storm Sewer

Water Lake Michigan,Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Prescott Elementary School

Middle Schools Prescott Elementary School

High Schools Lincoln Park High School

School District 299 ,299, 299

Others

Special Listing Condition List Broker Must Accompany

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