Chicago, IL Land for Sale

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West Chicago, IL Cicero, IL Oak Park, IL David City, NE Berwyn, IL River Forest, IL Forest Park, IL Evanston, IL

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Updated: Mar 25

Uptown Chicago Redevelopment Opportunity

822 West Wilson Avenue, Chicago, IL 60640

$2,250,000

10,766 sqft 0.25 AC lot

Transit‑oriented development: Located just 0.5 miles from Wilson CTA Station (Red and Purple Lines) for an easy commute to Downtown Chicago.
Flexible use/redevelopment potential: Suitable for industrial, flex use, adaptive reuse, or total redevelopment.
Rear alley access: Beneficial for servicing and future multifamily development.
Sizeable building: +/-12,625 SF two‑story warehouse building on a ±10,766 SF site.
Uptown location: Situated in Chicago's Uptown neighborhood.

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This listing looks promising.

Here's a quick look at some key insights for

822 West Wilson Avenue, Chicago, IL, 60640

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$182K
Annual
Mortgage

$1.3M
Jun 2001
Last Sold

Jan 2010
$1.2M
Property Type

Commercial (General)
Built 1988

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Updated: Apr 17

Prime Development Opportunity on 79th

301 W 79th Street, Chicago, IL 60620

$870,000

7,600 sqft 0.45 AC lot

Prime 1.2 FAR development opportunity on a 19,625 sq ft lot in West Chatham.
Existing 7,600 sq ft structure provides immediate cash flow.
Anchored by established tenant, Ivy Jerk Hut, with a new 3‑year lease and 3‑year renewal option.
Zoned C1‑1 with a 1.2 FAR, allowing for a theoretical buildable density of up to 23,550 square feet.
Features a high‑visibility pylon sign and 29 dedicated parking spaces.

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Michigan Avenue Redevelopment Opportunity

1467 S Michigan Avenue, Chicago, IL 60605

$2,499,000

22,000 sqft 0.23 AC lot

Prime commercial land for redevelopment on Michigan Avenue, Chicago.

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Development Site Near 606 Trail

3649 W Armitage Avenue, Chicago, IL 60647

$1,090,000

2,600 sqft 0.29 AC lot

12,610 SF development site near Logan Square and 606 Trail.

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Vacant Commercial Land Site

6936 N Western Avenue, Chicago, IL 60645

$559,000

Vacant land along Western Ave with COMMR zoning, suitable for a range of commercial and mixed-use concepts.

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River North Flex Industrial Building

313 West Chestnut St, Unit Chicago, Chicago, IL 60610

$2,695,000

13,750 sqft 0.13 AC lot

FLEX INDUSTRIAL BUILDING - RIVER NORTH/OLD TOWN RE-DEVELOPMENT OPPORTUNITY

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Prime Bridgeport Corner Lot Opportunity

654 W 31st Street, Chicago, IL 60616

$950,000

0.17 AC lot

7,365 SF corner lot in vibrant Bridgeport neighborhood.

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Vacant Lot in Avalon Park

8314 S Stony Island Avenue lot: 6,7,8, Chicago, IL 60617

$199,000

0.22 AC lot

9,375 sq ft vacant lot in Chicago's Avalon Park.

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Redevelopment Site in Bronzeville

4727 S Wabash Avenue, Chicago, IL 60615

$400,000

6,135 sqft 0.19 AC lot

Unique redevelopment site in Chicago's revitalized Bronzeville/Grand Boulevard district.

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Redevelopment Site in Bronzeville

4727 S Wabash Avenue, Chicago, IL 60615

$400,000

6,135 sqft 0.19 AC lot

Unique redevelopment site in Chicago's revitalized Bronzeville/Grand Boulevard district.

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Four-Lot Industrial Land with Warehouse

3709 W Armitage Avenue, Chicago, IL 60647

$999,999

Sale includes a 4-lot parcel and an existing warehouse on a 100-by-125 site zoned B3-1 for mixed use.

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Development Land in Woodlawn Area

1524 E Marquette Road, Chicago, IL 60637

$350,000

0.12 AC lot

Development opportunity near upcoming Obama Presidential Center and local amenities.

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Oversized Lot with Non-Livable 3-Flat

3008 N DAVLIN Court, Chicago, IL 60618

$500,000

Oversized lot with a brick three-flat that needs gut rehab, offering flexibility under existing zoning options.

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Development Site with Alley Access

3649 W Armitage Avenue, Chicago, IL 60647

$1,090,000

2,600 sqft 0.29 AC lot

Rectangular development lot with frontage and a 16-foot public alley, including a vacant single-story building.

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Michigan Avenue Redevelopment Opportunity

1467 S Michigan Avenue, Chicago, IL 60605

$2,499,000

22,000 sqft 0.23 AC lot

Prime commercial land for redevelopment on Michigan Avenue.

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Chicago Commercial Land For Sale

6500 N Western Avenue, Chicago, IL 60659

$8,900,000

1.49 AC lot

Prime 1.49-acre commercial land in Chicago, Illinois.

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Large Land Parcel with Warehouse

3709 West Armitage Avenue, Chicago, IL 60647

$999,999

5,800 sqft 0.29 AC lot

Four-lot parcel with warehouse near the 606 trail.

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Corner Development Site with Restaurant

7455 W Irving Park Road, Chicago, IL 60634

$949,000

6,250 sqft 0.16 AC lot

Signalized corner site with a renovated freestanding restaurant and side parking, offering flexible neighborhood commercial use.

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Large Lot Bordering Forest Preserve

5787 N Clifford Avenue, Chicago, IL 60646

$774,900

0.26 AC lot

Spacious Chicago lot bordering forest preserve with existing home.

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Chicago Land For Sale

8542 S LOWE Avenue, Chicago, IL 60620

$355,000

0.27 AC lot

Vacant land available in Chicago, Illinois.

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Corner Development Land with Alley Access

300 S Washtenaw Avenue, Chicago, IL 60612

$549,000

Multi-family zoned corner lot with substantial frontage and rear alley access for flexible residential development options.

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Two-Story Greystone Office Building

4461 N Pulaski Road, Chicago, IL 60630

$1,095,000

0.47 AC lot

Two-story office building on multiple lots with meeting rooms, offices, and an on-site parking lot.

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Madison Street Land Opportunity

4440-4456 W Madison Street, Chicago, IL 60624

$450,000

0.91 AC lot

Six lots on Madison Street, ideal for development.

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Oversized Corner Lot Opportunity

5602 N Fairview Avenue, Norwood Park, IL 60631

$474,900

0.31 AC lot

Rare oversized corner lot in Norwood Park.

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Chicago, IL Land Market Trends and Statistics

Explore 594 land for sale in Chicago, IL, showcased through 594 active listings on our real estate platform. These investment opportunities span a total of 1,715,943 square feet of properties for sale, with an estimated market value of $177,364,569.

Sale prices for lots in Chicago, IL start at $75,000, averaging $2,907,615, and reaching up to $18,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 2.91M

Population Growth (5Y) +0.6%

Median Household Income $76,477

College Educated 44.3%

High-Yield Neighborhoods for Investment

Identify Chicago submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
North Chicago	$646.9K
Chicago	$703.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Cook County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chicago fall within the under-1-acre range.

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