Commercial Land Parcel Near Transit

1223 W Lake Street Chicago, IL 60607

Claim this Listing
For Sale
$3,600,000

LAND - Chicago, IL

Added:
Sep 29, 2025
Days on Market:
285
Last Refresh:
Jul 10 at 1:06 am

Property Features for 1223 W Lake Street

General Information

Property type
Land
Property subtype
Other
Standard status
Active
APN
17083260080000

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
8258

Utilities

Utilities
Water Available

Listing agent Christopher McAllister License #471002408

Listing office McAllister Real Estate 111 Main Street, Ste A, Itasca, IL

Listing date Sep 29, 2025

MLS# 12483303 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering is a commercial land parcel at 1223 W Lake Street in Chicago, IL 60607. The property is presented as development-ready land with the flexibility to support a variety of projects.

Public remarks note the site’s proximity to the “L” and its placement within the Fulton Market District, near Downtown. The surrounding area is described as a mix of new mixed-use buildings, condominiums, luxury apartments, and refurbished industrial buildings.

With land availability characterized as limited in the remarks, this parcel is positioned for buyers seeking a central Chicago location for their planned use.

Key Highlights

  • Land in the city’s core, positioned in the Fulton Market District
  • Water available
  • Location near the “L”

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Auto Parts Store Auto Repair Shop HVAC Service Garden Center Veterinary Clinic Storage Facility Building Supply Bed & Breakfast Carpet & Flooring Store Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Development land at 1223 W Lake Street, positioned near the “L” in the Fulton Market District.
Where is this commercial land located?
The property is located at 1223 W Lake Street Chicago, IL.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Land in the city’s core, positioned in the Fulton Market District; Water available; Location near the “L”
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