Description

5451 N Western Avenue is an exceptional 11-acre greenfield development site located in Chicago’s sought-after Andersonville/Lincoln Square neighborhood. The property is deed-restricted for institutional uses such as schools, retirement or nursing homes, healthcare facilities, or churches, making it ideal for mission-driven development. Offering excellent brand exposure, the site features 536 feet of frontage along Western Avenue and 700 feet on Bowmanville. With a permitted 2.0 FAR, the site allows for up to 986,094 square feet of buildable space. The land is level and above grade, currently improved with two large sheds and a 2,500-square-foot house. It is presently tax-exempt due to its existing use, and is being offered at $35 per square foot.