1236 Melrose St Chicago, IL 60657

This exceptional 5,050 square foot commercial lot presents a rare development opportunity in Chicago's desirable Southport Corridor. Located at 1236 W. Melrose St, in Cook County, IL, zip code 60657, this property is zoned R4, offering significant potential for a variety of projects. The lot, designated as Lot 12 on the attached survey, is ideally situated just steps from Margaret Donahue Park and the vibrant shops and restaurants of Lakeview. The property is within the highly sought-after Burley elementary school district. This oversized lot provides ample space for a substantial build, creating a dream home or significant development. An adjacent parcel of 6,350 square feet is also available for purchase, expanding the total buildable area to 11,400 square feet, allowing for a truly expansive project. The asking price for this remarkable opportunity is $1,599,900. Properties of this size and location in the Southport Corridor are exceptionally rare, making this a truly unique investment prospect. Don't miss this chance to acquire a prime piece of Chicago real estate with exceptional potential.