1347 W Taylor Street Chicago, IL 60607

Other Residential MLS #: 12297278 Courtesy Of Compass Real Estate

$449,900

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Est. Property Tax: $2,422
Estimated monthly payments: $2,168/mo.* (recalculate)

Property InformationDescription

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.
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Features

  • Architecture Style: Other

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1347 W Taylor Street, Chicago, IL 60607
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School Information

1347 W Taylor Street, Chicago, IL 60607

Elementary School
Grades KG-8 | Public School
J. SMYTH ELEMENTARY SCHOOL
Chicago, IL 60608
1059 W 13th St
773.­534.7180
Distance: 0.5 mi
School Rating
D
Total Students
410
Middle School
Grades KG-8 | Public School
J. SMYTH ELEMENTARY SCHOOL
Chicago, IL 60608
1059 W 13th St
773.­534.7180
Distance: 0.5 mi
School Rating
D
Total Students
410
High School
Grades 12 | Public School
CRANE TECHNICAL PREPARATORY HIGH SCHOOL
Chicago, IL 60607
Distance: 0.3 mi
High School
Grades 9-12 | Public School
WELLS COMMUNITY ACADEMY HIGH SCHOOL
Chicago, IL 60622
936 N Ashland Ave
773.­534.7010
Distance: 2.1 mi
School Rating
F
Total Students
373
Other Nearby Schools Distance Type Grades School Rating
Stem Magnet Academy Elementary School 0.2 mi Public KG-8 B+
St Ignatius College Preparatory 0.4 mi Private 9-12
Jackson A Elementary Language Academy 0.4 mi Public KG-8 A
Galileo Elementary Math & Science Schol Acd 0.4 mi Public KG-8 B
Chicago Technology Academy High School 0.4 mi Public 9-12 D
Urban Prairie Waldorf School 0.4 mi Private PK-8
Urban Prairie 0.4 mi Private PK-8
Devry Advantage Academy High School 0.4 mi Public 11-12 A+
Simpson Academy High School For Young Women 0.5 mi Public 6-12
Chicago Lighthouse 0.6 mi Private PK-12
Young Magnet High School 0.6 mi Public 7-12 A
Children Of Peace School 0.7 mi Private PK-8
Pilsen Elementary Community Academy 0.7 mi Public PK-8 D
St Procopius School 0.7 mi Private PK-8
Intercultural Montessori Language School 0.7 mi Private PK-8
Acero Charter School Network - Bartolome De Las Casas 0.8 mi Public KG-8 D
Il Center For Rehab & Education-r 0.8 mi Public 4-12
Noble St Charter-uic College Preparatory 0.8 mi Public 9-12 C-
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Chicago, IL 60607

Median Age: 30.3
Married: 27%
Number of Households: 14,523
Households with Children: 13.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.