ON MARKET - MULTI-FAMILY
5830 N. Broadway Chicago, IL 60660
PRICE
$1,250,000
NUMBER OF UNITS
1
PROPERTY LISTED

Essex Realty Group, LLC has been exclusively engaged to market for sale 5830 N. Broadway, a 6,750 square foot development site located in Chicago’s Edgewater neighborhood, notably situated within the section of Broadway (between Foster Ave. and Devon Ave.), recently approved to be up-zoned to B3-5. Positioned along the vibrant Broadway corridor, the property offers excellent visibility and accessibility, surrounded by a mix of residential, retail, and dining options. With close proximity to the Thorndale Red Line station, Lake Shore Drive, and Lake Michigan, this site represents a prime opportunity for developers to deliver a boutique multi-family or mixed-use project in one of Chicago’s most dynamic and transit-oriented North Side communities.

LOCATION DETAILS

Edgewater, located approximately seven miles north of the Loop, is a vibrant, lakefront neighborhood bounded by Rogers Park to the north, Uptown to the south, Lincoln Square to the west, and Lake Michigan to the east. Known for its architectural variety, active shoreline, and diverse community, Edgewater offers a dynamic mix of historic charm and urban convenience. The neighborhood is home to several public beaches and waterfront parks, as well as the renowned Bryn Mawr Historic District, which showcases early 20th-century architecture and a revitalized commercial corridor. Its cultural identity is shaped by a blend of long-time residents, students, artists, and professionals who benefit from the area’s walkability, lake access, and eclectic dining scene—including popular establishments like Uncommon Ground, Indie Café, and Ethiopian Diamond.

Edgewater is anchored by Loyola University Chicago’s Lake Shore Campus, which enrolls over 17,000 students and employs more than 1,600 faculty, contributing significantly to the neighborhood’s energy and economy. With eighteen of Loyola’s nineteen residence halls located in Edgewater and neighboring Rogers Park, the area has attracted a range of national and local retailers, cafés, and eateries to serve the student and residential population. Transit access is robust, with multiple Red Line CTA stops (Granville, Thorndale, Bryn Mawr), extensive bus service, and quick access to Lake Shore Drive, ensuring easy connectivity to downtown and beyond. Combined with its strong institutional presence, lakefront amenities, and ongoing residential development, Edgewater remains a sought-after and resilient Chicago neighborhood offering long-term value for residents, investors, and businesses alike.

HIGHLIGHTS
  • Located Along Recently Up-Zoned Broadway Corridor (B3-5)
  • 6,750 SF Development Site in Edgewater
  • Excellent Visibility Surrounded by Residential, Retail & Dining
  • Near Thorndale CTA Red Line Station, Lake Shore Drive & Lake Michigan
LISTING BROKERS
Director
847.910.6805
Managing Director
224.305.4102