1401 W 15th St., Chicago, IL 60608

300 foot x 124 foot land site in the Pilsen / University Village area. The property is zoned B2-3 permitting 93 residential units as of right with no requirement for any affordable units. There an alley directly behind the property that has been closed to traffic that can be utilized for parking access or potentially vacated for an additional 4,800 square feet of land. The lot is located on the SW corner of 15th Street and Loomis Street. It is immediately across the street from Addams Park and adjacent to the Otis--a recently completed loft redevelopment by Cedar Street. Pilsen is booming, but there are few large sites with entitlements in place and none without an affordable housing requirement.