1 E Cermak Road Chicago, IL 60616

Listing Agency MILLENNIUM PROPERTIES RE, INC. d***@mpirealestate.com Show Phone

Listed by DANIEL HYMAN · License #471.013658X

Source Corcoran

Added: Dec 5, 2025 Updated: Jul 10 at 12:55 pm Checked: Jul 19 at 4:29 am

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• Located in an Opportunity Zone.
• Development site near 'The 78' riverfront development (planned soccer stadium).
• 15,410 square foot development site.

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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.