2714 N Magnolia Avenue
Chicago, IL 60614
- – beds
- – baths
- – sqft
- 3,100 sqft lot
- – on site
Exceptional Investment or Development Opportunity in Prime Lincoln Park! Situated on a premium block in the heart of Lincoln Park, this rare offering presents endless potential for investors or buyers eager to build their dream home. The property currently features two frame structures: a front building with two tenant-occupied units (vacant by 7/31/2025, with notices served) and a vacant rear building with two additional units. Please Note: The property is being sold AS IS for land value. Existing structures are suitable for teardown or full gut renovation. All contents of both buildings will convey, except for items belonging to current front-building tenants. Currently zoned RS-3, the property abuts RT-4 zoning, offering a potential opportunity for upzoning. Buyers are encouraged to conduct their own due diligence regarding zoning and development possibilities. Drive-by viewings only - no interior access will be granted prior to an accepted offer and buyer qualification. Absolutely no exceptions. Please do not disturb tenants. Don't miss this incredible opportunity to create something extraordinary in one of Chicago's most sought-after neighborhoods.
Last checked:
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Last updated May 23, 2025
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MLS# 12373325 —
Location
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Directions:Diversey to Magnolia, South to 2714
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Location:14732
The Property
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Parcel Number:14293050280000
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Property Type:Land
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Lot Size Dimensions:25X124
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Building On Land:Yes
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Frontage Type:City Street
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Frontage Length:25
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Waterfront:false
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Road Surface Type:Asphalt
Listing Agent
- Contact info:
- Agent phone:
- (773) 528-9500
- Office phone:
- (773) 528-9500
Taxes
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Tax Year:2023
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Tax Annual Amount:16512
The Listing
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Special Listing Conditions:None
Utilities
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Utilities:Electricity Available, Natural Gas Available
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Water Source:Municipal Water
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/22/25
May 22, 2025
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Listed / Active | MRED | $800,000 |
