1406 W Morse Ave Chicago, IL 60626
Rogers Park NeighborhoodEstimated payment $9,612/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $33,125
Lot Details
- Lot Dimensions are 50x172
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $33,125 | $148,178 | $57,114 | $91,064 |
| 2023 | $32,446 | $146,351 | $31,528 | $114,823 |
| 2022 | $32,446 | $146,351 | $31,528 | $114,823 |
| 2021 | $21,407 | $98,486 | $31,528 | $66,958 |
| 2020 | $33,788 | $140,155 | $31,528 | $108,627 |
| 2019 | $30,554 | $140,155 | $31,528 | $108,627 |
| 2018 | $29,999 | $140,155 | $31,528 | $108,627 |
| 2017 | $32,317 | $138,974 | $28,321 | $110,653 |
| 2016 | $30,102 | $138,974 | $28,321 | $110,653 |
| 2015 | $16,844 | $84,465 | $28,321 | $56,144 |
| 2014 | $24,011 | $118,450 | $28,321 | $90,129 |
| 2013 | $27,119 | $136,519 | $28,321 | $108,198 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $1,300,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $380,000 | -- | |
| Trustee Deed | $340,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,000 | Commercial | |
| Closed | $0 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12478584
APN: 11-32-113-017-0000
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