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Goose Island Development Opportunity
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1017 W Division St, Chicago, IL 60642

2.11-acre site in Chicago's growing industrial corridor.

Property SizeContact for details
Lot Size2.11 Acres
Days on Market709

Property Features for 1017 W Division St

General Information

Standard status Active
Lot size 2.11 Acres
Property subtype Land
Zoning PMD 3 (Goose Island Planned Manufacturing District)
Listing Agency: CBRE - Oak Brook
Listed By: Tom Svoboda · License #IL
Source: Crexi
Added: Sep 14, 2024 Changed: Aug 13 Last Checked: Aug 22 at 11:18AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

This 2.11-acre (91,911 square feet) site is available for qualified investors and developers. It is located in Chicago's Goose Island, a large industrial corridor with a strong presence of companies such as Amazon, FedEx, and CTA Distribution. A new industrial development with over 1.2 million square feet is located 0.2 miles from the property. This location, between Halsted Street and I-90, is suitable for a logistics/distribution center or data center, as well as general retail, drive-thru restaurants, or self-storage.

Key Highlights

  • Prime 2.11‑acre (91,911 sq ft) site in Chicago's growing Goose Island industrial corridor.
  • Ideal location for logistics/distribution center or data center.
  • Proximity to major roadways (Halsted Street and I‑90) enhances accessibility.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Building Supply Auto Parts Store Auto Repair Shop Big Box & Wholesale Store Garden Center Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,787
Businesses Nearby

Demographics for 60642, IL

21,687
Population
12,144
Households
1.8
Avg Household Size
33
Median Age
78%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
12,757
Density / Sq Mi
$141,179
Median Household Income
$90,885
Median Earnings
$2,216
Median Rent
$604,200
Median Home Value

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Frequently Asked Questions

What type of property is this?
Industrial land - 2.11-acre site in Chicago's growing industrial corridor.
Where is this industrial land located?
The property is located at 1017 W Division St Chicago, IL.
What are key features of this property?
This property features: Prime 2.11‑acre (91,911 sq ft) site in Chicago's growing Goose Island industrial corridor.; Ideal location for logistics/distribution center or data center.; Proximity to major roadways (Halsted Street and I‑90) enhances accessibility.
More about this property
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