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Sold on 05/29/2025
Benyamin Lalez of Compass

1347 W Taylor St, Chicago, IL 60607

$362,000

Last sold 05/29/2025 after 94 Days

  • —

    bed

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    bath

Lot/Land not for sale
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About 1347 W Taylor St

Property type Lot/Land
Neighborhood
HOA fee $0/month
Property description
Prime B3-2 zoned lot in Little Italy measuring 24.25' x 102.90' (approx. 2,641 sq. ft.) offers incredible development potential for a mixed-use or residential project. B3-2 zoning allows for ground-floor commercial with residential above or a multi-unit residential building, with a 2.2 FAR permitting up to 5,810 sq. ft. of buildable space and a maximum height of 50 feet (typically 3-4 stories). The lot supports up to two residential units by right plus commercial on the ground, with potential for zoning relief or variances. Located in a thriving area near UIC, Rush Medical District, and public transit, this is a great opportunity for investors or developers looking to capitalize on a high-demand neighborhood. Buyer to verify all zoning and development possibilities. Listing photos are conceptual and meant to illustrate potential development possibilities. Buyers are advised to conduct their own market and zoning research.
Listed by
Listing Agent - Benyamin Lalez
Listing Office - Compass
Source: MRED mls logo
MLS#12297278 • last updated 1 year ago
Movoto checked MRED for data 13 minutes ago
Overview
MLS # 12297278
Status Closed
Type Land
Property Tax $ 2422
Exterior
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Location
Area CHI - Near West Side
County Cook
Elementary School District 299
Middle School District 299
High School District 299
APN 17173260060000
Zoning MULTI
Directions South On Loomis And East On Taylor
Lot/ Land Details
Road Surface None
  • Jul 2025
    Public Records
  • Jul 15, 2025 Sold
    $362,000
  • Jul 2025
    mls logo MLS # 12297278
  • Jul 2, 2025 Sold
    $362,000 (-9.5%)
  • Jun 2, 2025 Active
    —
  • Apr 17, 2025 Listed
    —
  • Apr 11, 2025 Active
    —
  • Mar 31, 2025 Price Change
    $399,900 (-5.9%)
  • Mar 17, 2025 Price Change
    $424,900 (-5.6%)
  • Feb 24, 2025 Listed
    $449,900 (-54.3%)
  • Feb 2024
    Public Records
  • Feb 16, 2024 Sold
    $985,000
  • Year Property taxes Tax assessment
  • 2023
    $2,484 +2.6%
    $14,568 +24.15%
  • 2022
    $2,422 +2.3%
    $11,734
  • 2021
    $2,367 +19.0%
    $11,734 +31.83%
  • 2020
    $1,989 +10.9%
    $8,901
  • 2019
    $1,794 +1.7%
    $8,901
  • 2018
    $1,764
    $8,901
  • 1347 W Taylor St
    $362K
  • University Village - Little Italy
    $330K -7% y/y
  • 60607
    $640K +21% y/y
  • Chicago
    $360K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Smyth J Elementary School
public Grades PK, K-8
Chicago Public Schools
1/10
Wells Community Academy High School
public Grades 9-12
Chicago Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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