1716 W Webster Avenue
Chicago, IL 60614
3.18Acres(Lot)
Pleased to present the land and redevelopment opportunity of 1716 W Webster Ave, Chicago, IL 60614. The subject site contains approximately 48,879 SF of land and is being positioned at a land value of $6,950,000 ($142.19 per land SF). The valuation conclusion is supported by (i) the site's scale and redevelopment flexibility, (ii) demonstrated demand for newly delivered multifamily product in the immediate micro-location, (iii) corridor-level fundamentals that can support mid-rise density, and (iv) the depth of the buyer pool for well-located infill development sites. A newly delivered peer project directly across the street-Triangle Square Apartments (1701 W Webster Ave, completed 2025)-provides immediate real-world evidence of what this corridor can support. Triangle Square was execut
Property Details
Map
Map
Features
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Water Source
Water front: 1
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Lot Information
Lot Dimensions: 465X298 Lot Acres: 1.12 Lot Size: 1.0-1.99 AcresProperty Information
Property Type: Land Sub Type: Land
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Listing Price Information
Original List Price:$6950000
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Tax Information
Annual Tax: $232421.9 Tax Year: 2024 Parcel Number: 14312000340000
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Utility Information
Electric to Site, Natural Gas Available, Water Available -
Location Information
City: Chicago Direction: Follow I-94 W to W Armitage Ave. Take exit 48A from I-90 W/I-94 W Continue on W Armitage Ave to your destination
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2342 N Cleveland Avenue, Chicago, IL, 60614 | $3,100,000 | -- | -- | -- | 0.13 Acre(Lot) |
| 1716 N Clybourn Avenue, Chicago, IL, 60614 | $650,000 | -- | -- | -- | Acres (Lot)-- |
| 2550 N Lakeview Avenue .., Chicago, IL, 60614 | $400 | -- | -- | -- | 0.00 Acre(Lot) |
| 2106 N Seminary Avenue .., Chicago, IL, 60614 | $75,000 | -- | -- | -- | Acres (Lot)-- |
| 1905 W Fullerton Avenue, Chicago, IL, 60614 | $399,900 | -- | -- | -- | Acres (Lot)-- |
Similar Land To 1716 W Webster Avenue
Nearby For Sale
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Based on information submitted to the MLS GRID as of 07/11/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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ByOwner last updated this listing 07/11/2026 @ 06:20
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