Hotel or Office Development
For Sale
Contact for pricing
1150 W Lake St, Chicago, IL 60607
Land parcel with 250 feet of Lake Street frontage on the north side, positioned within transit-oriented development boundaries.
Property SizeContact for details
Lot Size0.58 Acres
Days on Market122
Property Features for 1150 W Lake St
General Information
Standard status
Active
Lot size
0.58 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
SVN | Chicago Commercial
(312) 676-1866
Listed By:
Scott Maesel · License #IL 471005379
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 21 at 1:08PM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
SVN Chicago Commercial presents a hotel or office development site at 1150 W Lake St in Chicago. The offering consists of a 25,107 SF land parcel positioned on the north side of Lake Street with 250 feet of frontage.
The site is described as being within the transit oriented development boundaries and within the boundaries of the near west expansion area, supporting an increased buildable floor area ratio. The West Loop/Fulton Market area context is highlighted for ongoing office, retail, and multi-family development activity, including nearby office and redevelopment projects referenced in the materials.
For development planning, the property’s long Lake Street frontage and location within the stated boundary areas are key characteristics for potential hotel or office use.
The site is described as being within the transit oriented development boundaries and within the boundaries of the near west expansion area, supporting an increased buildable floor area ratio. The West Loop/Fulton Market area context is highlighted for ongoing office, retail, and multi-family development activity, including nearby office and redevelopment projects referenced in the materials.
For development planning, the property’s long Lake Street frontage and location within the stated boundary areas are key characteristics for potential hotel or office use.
Key Highlights
- 25,107 SF land parcel at 1150 West Lake Street in Chicago’s Fulton Market neighborhood.
- 250 feet of frontage on Lake Street (north side).
- Located within transit‑oriented development boundaries.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,782
Businesses Nearby
Explore this area
Business Placement
Demographics for 60607, IL
31,816
Population
16,540
Households
1.9
Avg Household Size
31
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
13,833
Density / Sq Mi
$126,307
Median Household Income
$79,870
Median Earnings
$2,333
Median Rent
$494,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Land parcel with 250 feet of Lake Street frontage on the north side, positioned within transit-oriented development boundaries.
Where is this commercial land located?
The property is located at 1150 W Lake St Chicago, IL.
What are key features of this property?
This property features: 25,107 SF land parcel at 1150 West Lake Street in Chicago’s Fulton Market neighborhood.; 250 feet of frontage on Lake Street (north side).; Located within transit‑oriented development boundaries.
