B2B-Zoned Commercial
For Sale
$1,300,000
2050 W Grand Avenue, Chicago, IL 60612
Commercial Sale, Chicago, IL
Property SizeContact for details
Lot Size0.10 Acres
Days on Market20
Property Features for 2050 W Grand Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
West on W Grand between N Hoyne and N Damen.
Subdivision
CHI - West Town
Standard status
Active
APN
17071240180000
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10285
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1890
Floors in Building
2
Number of units
2
Listing Agency:
Compass
(773) 466-7150
Listed By:
Kathryn Barry · License #475161626
Added: Aug 4
Changed: Aug 20
Last Checked: Aug 23 at 12:06AM
MLS# 12724328
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Investment Insights
Based on property information with market context.
This offering includes two adjoining parcels available individually or together. One parcel at 2050 W Grand Avenue contains a frame two-unit building constructed in 1890; both units are currently rented month to month. The neighboring parcel at 2048 W Grand Avenue is vacant and was previously used as an urban garden. Combined property size is 0.1014 acres, with each lot measuring 24 x 92.
B2B zoning permits development of 2-4 unit residential, commercial, mixed-use, multifamily, or single-family properties. The parcels are positioned at Grand Avenue and Hoyne Avenue, with a bus stop directly in front. The property is near Ukrainian Village, the United Center development, and the West Loop. An adjacent mixed-use property at 2054 W Grand Avenue is also available, creating the possibility of assembling five parcels.
B2B zoning permits development of 2-4 unit residential, commercial, mixed-use, multifamily, or single-family properties. The parcels are positioned at Grand Avenue and Hoyne Avenue, with a bus stop directly in front. The property is near Ukrainian Village, the United Center development, and the West Loop. An adjacent mixed-use property at 2054 W Grand Avenue is also available, creating the possibility of assembling five parcels.
Key Highlights
- Two side‑by‑side parcels available separately or together
- 0.1014 acres total; lots measure 24 x 92
- B2B zoning permits 2‑4 unit residential, commercial, mixed‑use, multifamily, or single‑family development
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
Explore this area
Business Placement
Demographics for 60612, IL
34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Two adjoining parcels support residential, commercial, mixed-use, multifamily, or single-family development under B2B zoning.
Where is this commercial land located?
The property is located at 2050 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two side‑by‑side parcels available separately or together; 0.1014 acres total; lots measure 24 x 92; B2B zoning permits 2‑4 unit residential, commercial, mixed‑use, multifamily, or single‑family development
