For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Development Site in Opportunity Zone Title is generated by Realmo AI

    1 E Cermak Road, Chicago, IL 60616

    View on Map
    Claim this Listing
    For Sale
    $1,500,000

    15,410 sq ft development site for sale.

    Type:Land or Vacant Lot
    Lot size:
    0.07 Acres
    Added:
    Dec 5, 2025
    Days on Market:
    181
    Last Refresh:
    Apr 5 at 9:36 pm

    Property Features for 1 E Cermak Road

    General Information

    Standard status
    Active
    Lot size
    0.07 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    DANIEL HYMAN
    DANIEL HYMAN

    Listing agent DANIEL HYMAN License #471013658

    Listing office MILLENNIUM PROPERTIES RE, INC.

    Listing date Dec 5, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MILLENNIUM PROPERTIES RE, INC.

    HighLights

    • Located in an Opportunity Zone.
    • Development site near 'The 78' riverfront development (planned soccer stadium).
    • 15,410 square foot development site.
    • Close proximity to McCormick Place and Wintrust Arena.
    • Zoning allows for retail, mixed‑use TOD, or office development.
    • Near historic Motor Row and Chinatown.

    Overview

    A 15,410 square foot development site is available for sale. This site is located in an Opportunity Zone. Under its current zoning, the property could be developed as retail, a mixed-use TOD building, or an office. An intermediate use could be parking. The site is close to the 62-acre riverfront development known as "The 78", which is now planned to be developed as a soccer stadium for the Chicago Fire. The property is near McCormick Place, Wintrust Arena, historic Motor Row, Chinatown, and several new developments and rehabs.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6252
    Latitude
    41.8526

    FAQs

    What type of property is this?
    Commercial land - 15,410 sq ft development site for sale.
    Where is this commercial land located?
    The property is located at 1 E Cermak Road Chicago, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Located in an Opportunity Zone.; Development site near 'The 78' riverfront development (planned soccer stadium).; 15,410 square foot development site.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message