Essex Realty Group, Inc. has been exclusively engaged to market for sale an exceptional mixed-use redevelopment opportunity at 921 W. Wilson Ave., located in Chicago’s thriving Uptown neighborhood.
Zoned B3-5 with lot dimensions of approx. 60’x143.88’, this site may allow a developer to build up to forty-two (42) dwelling units with ground-level commercial space without triggering any affordability requirement. Detailed zoning information can be referenced in the Building Fact sheet on page (7).
Situated just a few blocks away from the Wilson CTA Purple Line, the Sheridan CTA Red Line, and various CTA bus stops, 921 W. Wilson Ave. offers unparalleled accessibility to transportation, which also may qualify the site for TOD status, allowing developers to reduce their parking requirement. Additionally, residents enjoy convenient access to many local dining and shopping options, Clarendon Park, Montrose Beach, recreational fields, nearby dog parks, lakeshore drive, and bike paths.
Currently, there is an existing center entrance Greystone building on the site that consists of six (6) 3-Bed/1.5-Bath units, one (1) 2-Bed/1-Bath Garden unit, and twelve (12) exterior parking spaces.
Uptown, nestled along Lake Michigan, was originally a posh resort area, providing a serene escape from bustling city life. It quickly became a favorite spot for Chicago’s silent film era celebrities, evident in its rich cultural and entertainment scene. Landmarks like the Aragon Ballroom, Riviera Theater, Uptown Theater, and Green Mill Jazz Club remain iconic and frequently visited.
Only about six miles north of Chicago’s Central Business District, Uptown offers a charming community with tree-lined streets, all while being conveniently close to downtown. It’s situated just north of Lakeview and east of Ravenswood, allowing residents to savor the best of these neighborhoods.
Uptown is primarily residential, featuring six-flats, single-family homes, and courtyard apartment buildings. With Montrose Harbor and the Beach nearby, residents have easy access to the lake and park.
- Redevelopment Opportunity in Thriving Uptown Location
- B3-5 Zoning
- Lot Dimensions: 60’x143.88’
- FAR: 5 = 43,164 SF Buildable Square Footage
- TOD Ordinance Applicable
- Walking Distance to Wilson CTA Purple Line & Sheridan CTA Red Line
- Convenient Access to Local Dining & Shopping, Clarendon Park, Montrose Beach and Lakeshore Drive
- Existing Center-Entrance Building on Site with $193k in Current Income