That is the exactly the suggested compiler in this blog post. (These repos have been compiled with it for a while. The biggest change in these [Internet Archive-uploaded] repos is an official Microsoft-backed MIT License as opposed to assuming Fair Use for Archival Use prior to now.)
I'm hoping Microsoft may have a chance to open source more of the original Infocom compilers and VMs, even if they would be hard to run on modern machines, in later expansions of these repos.
https://zilf.io/