Located in the highly desirable Edgewater community on Broadway, this property presents an exceptional opportunity for investors, developers, and those looking to create a high-demand rental property. The location offers outstanding convenience, with Aldi and McDonald's directly across the street, providing everyday essentials and dining options just steps from the property. One of the property's biggest advantages is its proximity to Loyola University Chicago, located just a couple of blocks away. This makes the property particularly attractive for students seeking convenient off-campus housing close to campus, creating strong potential for a student-oriented rental development. The property is also a potential tear-down and redevelopment opportunity, with B3-5 zoning allowing for development of up to five stories, subject to applicable City of Chicago requirements and approvals. The zoning and location provide developers with the flexibility to explore a variety of concepts and maximize the property's potential. Whether you envision a modern multi-unit apartment building, a student-focused rental property, or another residential investment concept, this is an opportunity to take advantage of a prime location in one of Chicago's established neighborhoods. Bring your vision and explore the possibilities this property has to offer.
Details
MLS #
12737220
Listing Type
For Sale
Style
Mixed Use
Sub-Type
Resale
Status
Active
Year
1910
Days On Site
17
Listing Provided By
Baird & Warner | Michael Zyung
Features
Story(s)
2
Units
2
Acreage
0.26
Interior
Cooling
Central Air
Utilities
Electric
Circuit Breakers, Service - 101 to 200 Amps
Taxes
Tax Year
2023
Tax Annual Amount
34037
Area Information
State
IL
County
Cook
City
Chicago
Zip Code
60660
Area
CHI Edgewater
Listing VS Median (in 60660)
Price: $1,700,000
low | high
Med: $163,750
100% of Average
On site: 17
low | high
Med: 37
45.945945945946% of Average
Sourced by Back At You
Market Activity 60660
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 3
Avg $ Per SqFt: $226.47
Min Sale Price: $198,000
Max Sale Price: $315,000
Med Sale Price: $220,000
Date: Jul 2026
Sales: 26
Avg $ Per SqFt: $289.15
Min Sale Price: $162,500
Max Sale Price: $917,500
Med Sale Price: $332,500
Date: Jun 2026
Sales: 34
Avg $ Per SqFt: $292.41
Min Sale Price: $118,000
Max Sale Price: $1,525,000
Med Sale Price: $321,500
Date: May 2026
Sales: 38
Avg $ Per SqFt: $303.11
Min Sale Price: $121,500
Max Sale Price: $2,430,000
Med Sale Price: $347,000
Date: Apr 2026
Sales: 45
Avg $ Per SqFt: $292.71
Min Sale Price: $112,500
Max Sale Price: $1,770,000
Med Sale Price: $400,000
Date: Mar 2026
Sales: 37
Avg $ Per SqFt: $306.82
Min Sale Price: $75,000
Max Sale Price: $2,350,000
Med Sale Price: $360,000
Date: Feb 2026
Sales: 38
Avg $ Per SqFt: $254.97
Min Sale Price: $125,000
Max Sale Price: $1,320,000
Med Sale Price: $301,000
Date: Jan 2026
Sales: 44
Avg $ Per SqFt: $265.36
Min Sale Price: $72,000
Max Sale Price: $1,125,000
Med Sale Price: $331,250
Date: Dec 2025
Sales: 14
Avg $ Per SqFt: $219.53
Min Sale Price: $140,000
Max Sale Price: $489,000
Med Sale Price: $280,000
Date: Nov 2025
Sales: 25
Avg $ Per SqFt: $279.6
Min Sale Price: $89,900
Max Sale Price: $1,150,000
Med Sale Price: $399,000
Date: Oct 2025
Sales: 38
Avg $ Per SqFt: $252.98
Min Sale Price: $90,000
Max Sale Price: $1,803,750
Med Sale Price: $271,500
Date: Sep 2025
Sales: 39
Avg $ Per SqFt: $262.41
Min Sale Price: $70,000
Max Sale Price: $905,000
Med Sale Price: $325,000
Sourced by Back At You
Aug 2026
Sales:
3
Avg $ Per SqFt:
$226.47
Min Sale Price:
$198,000
Max Sale Price:
$315,000
Med Sale Price:
$220,000
Jul 2026
Sales:
26
Avg $ Per SqFt:
$289.15
Min Sale Price:
$162,500
Max Sale Price:
$917,500
Med Sale Price:
$332,500
Jun 2026
Sales:
34
Avg $ Per SqFt:
$292.41
Min Sale Price:
$118,000
Max Sale Price:
$1,525,000
Med Sale Price:
$321,500
May 2026
Sales:
38
Avg $ Per SqFt:
$303.11
Min Sale Price:
$121,500
Max Sale Price:
$2,430,000
Med Sale Price:
$347,000
Apr 2026
Sales:
45
Avg $ Per SqFt:
$292.71
Min Sale Price:
$112,500
Max Sale Price:
$1,770,000
Med Sale Price:
$400,000
Mar 2026
Sales:
37
Avg $ Per SqFt:
$306.82
Min Sale Price:
$75,000
Max Sale Price:
$2,350,000
Med Sale Price:
$360,000
Feb 2026
Sales:
38
Avg $ Per SqFt:
$254.97
Min Sale Price:
$125,000
Max Sale Price:
$1,320,000
Med Sale Price:
$301,000
Jan 2026
Sales:
44
Avg $ Per SqFt:
$265.36
Min Sale Price:
$72,000
Max Sale Price:
$1,125,000
Med Sale Price:
$331,250
Dec 2025
Sales:
14
Avg $ Per SqFt:
$219.53
Min Sale Price:
$140,000
Max Sale Price:
$489,000
Med Sale Price:
$280,000
Nov 2025
Sales:
25
Avg $ Per SqFt:
$279.6
Min Sale Price:
$89,900
Max Sale Price:
$1,150,000
Med Sale Price:
$399,000
Oct 2025
Sales:
38
Avg $ Per SqFt:
$252.98
Min Sale Price:
$90,000
Max Sale Price:
$1,803,750
Med Sale Price:
$271,500
Sep 2025
Sales:
39
Avg $ Per SqFt:
$262.41
Min Sale Price:
$70,000
Max Sale Price:
$905,000
Med Sale Price:
$325,000
MLS Number: 12737220
Michael Zyung – (847) 334-3700 – michaelzyung@gmail.com
Baird & Warner – (847) 724-1855
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12737220
Michael Zyung – (847) 334-3700 – michaelzyung@gmail.com
