RM-5 zoned land. 1428 N Wood St is a 2,200 SF vacant land parcel just off Milwaukee Ave, three blocks from the Damen Blue Line CTA Station. RM-5 zoning allows for 2.0 FAR construction and 4,400 of Buildable SF. The list price of $475,000 reflects $108 per Buildable SF or a 43% discount to recent comparable land sales - see OM under Additional Info. Lot frontage is 25' wide with an average depth of 88'. Can be sold with 1430 N Wood St, the lot immediately to the north. 1430 N Wood St is a 2,475 SF lot with RM-5 zoning, currently improved with a 3-unit building producing $69,510 of gross revenue. Hanna Architects created a massing study with a 6-unit center-entrance across both parcels in 2018. Design and Survey also available under Additional Info.

Based on information submitted to MRED as of September 15, 2026 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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Property Details of 1428 North Wood Street

Property Details

Basic Information

Building

Location

Exterior Features

Features

Community

Schools

Other Details

Finance

Map Location

Driving Directions

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4 Sale Realty Advantage LLC