Urban Infill Development
10 West Erie Street Chicago, IL 60654
10 West Erie Street, Chicago, IL, 60654
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For Sale
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Four contiguous parcels with DX-5 zoning and street frontage on West Erie Street.
Property Size5,298 SF
Lot Size0.32 Acres
Price / SF$1,189
Days on Market17
Property Features for 10 West Erie Street
General Information
- Standard status
- Active
- Size
- 5,298 SF
- Lot size
- 0.32 Acres
- Property subtype
- Land
Building Details
- Year Built
- 1900
Listing agency
Greenstone Partners
(917) 251-9087
Listed by
Malek Abdulsamad · License #IL 471018795
Source
Crexi
Added: Jul 6 Updated: Jul 21 at 6:59AM Checked: Jul 21 at 6:59AM
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 Greenstone Partners
Investment Insights
Based on property information with market context.
The property consists of four contiguous parcels totaling 13,940 square feet of land along West Erie Street. Two western parcels combine for 6,904 square feet of vacant land. The western portion includes 14 West Erie, which is improved with a vacant three-story, 5,298-square-foot orange-rated building, while 10-12 West Erie adds 4,084 square feet of vacant land to the east.
Situated in Chicago’s River North area, the site is described as being just steps from Michigan Avenue and the Magnificent Mile. The property also benefits from walkable access to the Chicago Avenue CTA Red Line station, multiple bus routes, and immediate access to the Kennedy Expressway and Lake Shore Drive.
The site is zoned DX-5, which the listing states provides an as-of-right path for high-density mixed-use redevelopment and avoids the time and uncertainty associated with a zoning approval process. The listing also notes that redevelopment would not require on-site affordable housing under the Affordable Requirement Ordinance (ARO).
Situated in Chicago’s River North area, the site is described as being just steps from Michigan Avenue and the Magnificent Mile. The property also benefits from walkable access to the Chicago Avenue CTA Red Line station, multiple bus routes, and immediate access to the Kennedy Expressway and Lake Shore Drive.
The site is zoned DX-5, which the listing states provides an as-of-right path for high-density mixed-use redevelopment and avoids the time and uncertainty associated with a zoning approval process. The listing also notes that redevelopment would not require on-site affordable housing under the Affordable Requirement Ordinance (ARO).
Key Highlights
- Four contiguous parcels totaling 13,940 SF of land with frontage on W Erie St
- DX‑5 zoning offers as‑of‑right high‑density mixed‑use development
- 14 W Erie includes a vacant three‑story, 5,298‑square‑foot orange‑rated building
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Four contiguous parcels with DX-5 zoning and street frontage on West Erie Street.
Where is this commercial land located?
The property is located at 10 West Erie Street Chicago, IL.
What is the asking price?
The asking price for this property is $6,300,000.
What are key features of this property?
This property features: Four contiguous parcels totaling 13,940 SF of land with frontage on W Erie St; DX‑5 zoning offers as‑of‑right high‑density mixed‑use development; 14 W Erie includes a vacant three‑story, 5,298‑square‑foot orange‑rated building
