2044 Wesley Ave - Residential LAND FOR SALE


Evanston, IL 60201 52,999 SF
$1,985,000 USD
773-817-5646
2044 Wesley Ave, Evanston, IL for Sale
$1,985,000 USD
Residential LAND - FOR SALE
1/3
52,999 SF

2044 Wesley Ave
Evanston, IL 60201


OVERVIEW

Extraordinary opportunity to develop almost 2 acres in Evanston! This parcel is one of two parcels being sold along with 2017 Jackson which has already received zoning approval for a 24 unit apartment building. (see MLS number 12199414). The parcel at 2044 Wesley represents approximately 53,000 square feet of land zoned R4. The potential here is for 64 to 114 units in total with a 15% affordable requirement by inclusionary Housing Ordinance (IHO). Up to 55% building coverage is allowed; up to 70% lot coverage allowed with bonus. The height allowance of-right is 35 feet + 12 additional feet with bonus - making for 47 ft height allowance. Planned development required by the city of Evanston. Property is located in the West Evanston TIF. Situated just off the intersection of Greenbay Rd and Foster, this location is unmatched for renters! Drawing from Northwestern University, Northshore Hospital, Rotary International Headquarters, ZS Associates and many more. This location is a short walk to downtown Evanston and a 12 min walk to the Metra station. Surrounding attractions include Double Clutch brewery soul and smoke restaurant, Walgreens, Hecky's, Hills Artistic, a skate board park, bike paths and parks. Check "additional information" tab for additional documentation. Call for further details.

FOR SALE DETAILS

PRICE

$1,985,000 USD

PRICE/ACRE

$1,631,445/AC

PRICE/SF

$37 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Hold for Development

LAND ACRES

1.22 AC

LAND SF

53,000 SF

OFFSITE IMPROVEMENTS

-

ZONING

R4 PUD

APN/PARCEL ID

10-13-203-021-0000,10-13-203-024-0000,10-13-204-021-0000,10-13-204-022-0000,10-13-204-023-0000

ASK ABOUT THIS PROPERTY

John Cleary@properties CommercialMore Info
773-817-5646

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John Cleary@properties CommercialMore Info
773-817-5646

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.