
370 North Carpenter Street
370 N Carpenter St, Chicago, IL, 60607-1223, US
3,133 m²
Jones Lang Lasalle Americas (Illinois), L.P. (“JLL”), on behalf of ownership, has been exclusively retained to offer for sale to qualified investors the opportunity to acquire a fee simple interest in a high visibility development opportunity located at 1330 W. North Avenue in Chicago, Illinois ("The Property").
Located on the NEC of North & Elston, the Property is ideally located at the intersection of Lincoln Park, Bucktown, and Wicker Park, three of Chicago's wealthiest neighborhoods which are all at capacity with limited room to expand. These neighborhoods are celebrated for their character and charm, offering a compelling mix of trendy shops, renowned dining options, thriving arts scenes, and a wide range of amenities which only demand to the area.
The site is 102,366 square feet (2.35 Acres) of land, currently zoned M3-3 (Heavy Industrial District) within the North Branch Corridor Overlay District. JLL believes the site could be rezoned to a Planned Development with a 3.0 base FAR which would allow for a dynamic mixed-use project. Furthermore, the Property benefits from residing in the North Branch Corridor Overlay District, allowing for the opportunity to acquire an additional 3.5 FAR Bonus (Total 6.5 FAR). 1330 W. North Avenue's strategic location within Chicago positions it to capitalize on the area's continued growth, making it a unique development opportunity.

