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Commercial Land for Sale in Chicago, Illinois

1406 W Morse Ave, Chicago, IL 60626

$1,300,000
0.2 acres
Active
ago
Est $11,633/mo

Prime Rogers Park Development Opportunity! 50' x 172' (8,600 SF) lot with B3-3 zoning directly next to the Morse Red Line station. FAR of 3.0 allows for up to 25,800 buildable SF and approximately 21+ residential units (with potential for 28 studio/efficiencies). Maximum building height: 65 ft. Located in a transit-served location, parking requirements may be reduced. Space for at least 6 cars at rear. Ground floor is ideal for required commercial use, or pursue special use through ZBA for flexibility. Surrounded by new developments, retail, dining, Loyola University, and just blocks from Lake Michigan, this site offers unbeatable accessibility and growth potential in one of Chicago's most vibrant neighborhoods. Seller open to JV partnership and other transaction options.

Location

Street address
1406 W Morse Ave
Community
CHI - Rogers Park
Elevation
609 feet
Coordinates
42.0082, -87.6663

Directions

Lake Shore Dr to Bryn Mawr, west to Glenwood, north to Morse

Property details

Lot size
0.197 acres8,581 sq ft
MLS #
MRED 12478584
Posted

Property taxes

2023
$33,125

Parcels

  • 11321130170000

Listing history

DateEventPriceChangeSource
Nov 14, 2025New listing$1,300,000MRED
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This 0.197-acre property is located at 1406 W Morse Ave in Chicago, IL 60626. The property is available for sale for $1,300,000.

Checked 51 mins ago — Updated

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