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1408 W Morse AveChicago, IL 60626
1408 West Morse
Asset ClassRetail
rogers park development site
overview of deal

Overview

Greenstone Partners, as the Exclusive Investment Advisor, is pleased to present the opportunity to acquire a uniquely irreplaceable development parcel, located at 1408 W Morse Ave (the “Property”), in Chicago’s vibrant Rogers Park neighborhood. The Property features 8,600 square feet of land zoned B3-3, which permits multi-story mixed-use developments with a building FAR up to 3.0.

 

The property is ideally located steps from the Morse CTA Red Line Station, offering direct connectivity to Downtown Chicago and major employment centers. Immediate access to CTA bus routes further enhances mobility, supporting a true transit-oriented development (TOD) strategy with reduced parking requirements and strong renter appeal.

 

Situated along the Morse Avenue commercial corridor in Rogers Park, the site benefits from consistent pedestrian traffic, established neighborhood retail, and a dense residential population. The corridor supports ground-floor commercial uses paired with residential above, aligning well with current market demand for walkable, neighborhood-serving mixed-use projects. The surrounding area is characterized by strong and diversified housing demand driven by proximity to Loyola University Chicago, Lake Michigan, and major North Side employment nodes. Rogers Park’s density, affordability relative to nearby submarkets, and transit accessibility continue to support stable rental fundamentals and long-term absorption.

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Investment Highlights

⦿ PRIME DEVELOPMENT PROPERTY

 

⦿ TOD ELIGIBLE LOCATION

 

⦿ HIGHLY WALKABLE & ACCESSIBLE LOCATION

 

⦿ STRONG APARTMENT DEMAND

 

⦿ ATTRACTIVE DEMOGRAPHICS

1408 W Morse AveChicago, IL 60626
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