CBRE is proud to offer a rare and high profile Lincoln Park development opportunity. The Iconic Carbit Paint Company has relocated operations to Melrose Park and for the first time in almost 70 years, their former home is now available for redevelopment. This massive two acre development site is located in the highly sought after Lincoln Park / Clybourn Corridor neighborhood. This very rare infill development opportunity has over 400' of river frontage and high barriers to entry. The current C3-5 zoning is for commercial use only and will require a planned development (PD) to amend the zoning to allow for residentail use like all the nearby residential towers. This neighborhood is extremely dense and affluent. There are 288,316 residents in a 2-mile radius with an average household income of $183,155. The subject property is located only a few minutes walk from the North/Clybourn station (CTA Redline) and many commercial and retail entities including REI, Whole Foods, Starbucks, Crate and Barrel, and Nordstrom Rack.