RM-5 zoned land. 1428-30 N Wood St consists of two parcels totaling 4,675 SF of land just off Milwaukee Ave, three blocks from the Damen Blue Line CTA Station. RM-5 zoning allows for 2.0 FAR construction, 11 total units, and a 9,350 SF building. The list price of $1,450,000 reflects $155 per Buildable SF, a 17.5% discount to recent comparable land sales - see OM under available materials.
1428 N Wood St is 2,200 SF of vacant land. 1430 N Wood St is a 2,475 SF lot, currently improved with a 3-unit building producing $69,510 of gross revenue. Hanna Architects designed a massing study with a 6-unit center-entrance across both parcels in 2018. Design and Survey also available under additional materials.