1347 West Taylor Street

Chicago, IL 60607

$424,900
Price
2,495 / 0.06
Lot Size / Acres

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...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.

Listing Agents

  1. Ben Lalez

    Ben Lalez

    Listing Agent

    Compass

    ben.lalez@compass.com

    P: (312)-789-4054

  2. James Bellavia

    James Bellavia

    Alternative Listing Agent

    Compass

Property Details for 1347 West Taylor Street

Area
CHI - Near West Side
Township
North Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
MULTI
LISTING UPDATED: 03/23/2025 12:06 AM

Property Details for 1347 West Taylor Street

StatusActive
MLS #12297278
Days on Market30
Taxes$2,422 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size0.06 AC
CountyCook County

Building Information for 1347 West Taylor Street

Lot Size0.06 AC

Property Information for 1347 West Taylor Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 24.25
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric Nearby, Gas Nearby, Water Nearby
Property/Lot Information
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24.25X102.90
  • Approx Land Sq Footage: 2641
  • Buildings on Land: No
  • Waterfront: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1347
Property and Assessments
  • Possible Use: Commercial, Residential, Multi-Family, Retail
  • Public Document Count: 0
  • Photos Count: 5
  • OpenHouse Count: 0
Miscellaneous
  • Road Surface: None
Virtual Tour/Additional Media
  • Virtual Tour: Image360+realtor
  • Virtual Tour YN: Yes

Property History for 1347 West Taylor Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1347 West Taylor Street

Taxable ValueLand$11,587Additions$147Total$11,734
Tax Record2023$2,484 ($207 / month)
Home Facts
Beds0Lot Size2,575 SqFtStyleMiscellaneous ResidentialYear Built1984CountyCOOKAPN17-17-326-006

Schools near 1347 West Taylor Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Smyth J Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Stem Magnet Academy Elementary
PublicK to 8

Chicago World Language Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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1347 West Taylor Street is a 0.06 ac of land for sale in Chicago, IL 60607. This property was listed for sale on February 24, 2025 by Compass, it's currently listed at $424,900. This listing's school district is Chicago Public Schools. Nearby schools include Smyth J Elementary School, Wells Community Academy High School and Stem Magnet Academy Elementary. 1347 West Taylor Street is a 0-bed, 0-bath, 0.06 ac of land on a 2,495 sq. ft. / 0.06 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS.Based on information submitted to the MLS GRID as of 03/23/2025 12:06 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.