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Industrial Buildings with Development Potential
For Sale
$799,000

1854 W Grand Avenue, Chicago, IL 60622

Two adjacent industrial buildings totaling 6,726 SF on 4,799+ SF land.

Property SizeContact for details
Days on Market496

Property Features for 1854 W Grand Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $29,126

Building Details

Year Built 1879
Listing Agency: COLDWELL BANKER REALTY
Listed By: BRUCE HELLER · License #471007740
Source: Corcoran
Added: Apr 30, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

Two adjacent industrial buildings, suitable for developers, galleries, or contractors, are available for purchase. The buildings offer a combined area of 6,726 square feet and feature ceiling heights exceeding 13 feet. The layout includes multiple display rooms or offices, with an interior connection between the two structures. The building at 1854 W Grand Avenue has a partial, unfinished second floor that could be converted into additional interior space with the addition of a new stairwell. There are also two soundproof music studios and a partially constructed, but incomplete, studio. The building at 1856 W Grand Avenue includes an 8 ft x 8.5 ft loading door, while the building at 1854 W Grand Avenue has a 7.5 x 7.5 loading dock door located at the rear. The property is equipped with 200 AMP service. The land site encompasses over 4,799 square feet and is zoned M1-2.

Key Highlights

  • Two adjacent industrial buildings totaling 6,726 SF.
  • M1‑2 Zoning on a 4,799+ SF land site.
  • High ceilings (over 13 ft).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Accounting Firm Supermarket

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

3,710
Businesses Nearby

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Two adjacent industrial buildings totaling 6,726 SF on 4,799+ SF land.
Where is this industrial property located?
The property is located at 1854 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two adjacent industrial buildings totaling 6,726 SF.; M1‑2 Zoning on a 4,799+ SF land site.; High ceilings (over 13 ft).
More about this property
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