Essex Realty Group, Inc. is exclusively engaged to market for sale 6106 N. Kenmore Ave. (‘the Property’) located in Chicago’s Edgewater neighborhood. The 0.34 acre estate contains a 7,300 SF single-family home comprised of six (6) bedrooms, five (5) baths, and a detached three-car garage. The parcel is currently zoned RM-5 and is situated on a 100’ x 150’ lot on the northwest corner of Kenmore and Glenlake Avenues, 0.16 miles west of Lake Michigan. Additionally, the Property is a designated orange rated structure. This designation may require a hold of up to 90 days in the issuance of a demolition permit.
According to the current Chicago Zoning Ordinance, the Property’s RM-5 zoning designation accommodates medium to high-density multi-family buildings as well as a variety of other residential housing types. Under the RM-5 zoning, the maximum floor area ratio is 2.0, the minimum lot area per dwelling unit is 400 SF, and the maximum building height is 47 feet allowing for a new investor to build up to 37 dwelling units on the premise.
6106 N. Kenmore Ave. is conveniently located less than two blocks from the Granville and Thorndale Red Line CTA stations, providing easy access throughout the city. The location is also a short walk from the lakefront and within close proximity to restaurants, grocery stores, retail and other neighborhood amenities. The Property is also 0.42 miles directly south of Loyola University’s Chicago Lake Shore campus.
- Rarely available 15,000 SF land parcel in Edgewater, one block west of Lake Michigan
- Located less than 0.2 miles from, Granville and Thorndale Red Line CTA stations, multiple bus routes, and retail
- Opportunity to develop a medium to high-density multi-family property in sought after Edgewater location