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1 E Cermak Rd Chicago, IL 60616

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For Sale
$1,500,000

15,410 sq ft development site for sale.

Lot size:
0.07 Acres

Property Features for 1 E Cermak Rd

General Information

Standard status
Active
Lot size
0.07 Acres

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Listing Contact
Daniel Hyman
Daniel Hyman
Source: Corcoran

Listing Agency: MILLENNIUM PROPERTIES RE, INC. Listing Agent: Daniel Hyman

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

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Overview

Development Site in Opportunity Zone

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

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.625182
Latitude
41.852637

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 Rd 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
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