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$1,115,000

2714 N Magnolia Avenue
Chicago, Illinois 60614

Closed / MLS #12373325 / Vacant Land / Lincoln Park
Listing information updated 6/25/2025 at 5:43pm
MULTIPLE OFFERS RECEIVED - Requesting all interested parties to submit their highest and best offers by 2:00 PM on Saturday, May 24, 2025. Please include proof of funds or pre-approval with your offer. No escalation clauses will be considered. Reserving the right to accept an offer prior to the deadline. 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.
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$16,512
Tax Year:
2023
Zip Code:
60614
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Windy City Realty Corp.

Listing Office Phone: 773.528.9500

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 6/25/2025 at 5:43pm. All data is obtained from various sources and may not have been verified by 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. Some listings have been excluded from this website.

Lincoln Park

Lincoln Park, IL

Lincoln Park residents have it all – from the arts to its famed zoo – right in their backyard. It’s no wonder the North Side neighborhood is one of the most sought after in the U.S.The neighborhood includes quiet tree-lined residential blocks, top-rated schools, DePaul University, and two majo...

CTA

CTA
Brown line at Diversey
CTA
Purple line at Diversey
CTA
Red line at Fullerton
$1,033,666
Average Sale Price
41
Average Days On The Market
101%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 2714 N Magnolia Avenue, Chicago, IL 60614
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2714 N Magnolia Avenue, Chicago, IL 60614 is a vacant land which sold for $1,115,000. This vacant land has been listed on @properties Christie's International Real Estate since May 22nd, 2025. The nearest transit stops include Diversey CTA Brown line.

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