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1212 W Congress Pkwy Chicago, IL 60605

For Sale
Contact for pricing

High-profile development opportunity in Chicago's Southwest Loop neighborhood.

Lot size:
2.00 Acres

Property Features for 1212 W Congress Pkwy

General Information

Lot size
2.00 Acres

Source: JLL - Corporate Agent Tom Kirschbraun

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Development Opportunity in Southwest Loop

This is an opportunity to acquire fee simple interest in a development opportunity located at 608 W. Harrison Street in Chicago, Illinois. The property is bounded by S. Desplaines St. to the West, W. Harrison St. to the South, S. Jefferson St. to the East and Interstate 290 to the North. The subject property is located within Chicago’s Southwest Loop neighborhood. The University of Illinois – Chicago dominates the area west of the subject property, with the Chicago River and Related Midwest’s proposed development, “The 78” to the southeast. The renovation of the Old Post Office and BMO headquarters have had a major positive impact on this corner of the greater Loop. The Property is adjacent to the West Loop, an area that has become an extraordinary live-work-play area featuring state-of-the-art offices, renowned restaurants, entertainment, and Fortune 500 headquarters. The property is an 87,132 square foot site currently occupied by Greyhound Lines Inc., as the sole tenant through October 2024. It is zoned DX-7 which allows for 613,400 buildable square feet as-of-right and the ability to purchase an additional 4.5 F.A.R. After density bonuses, the maximum buildable area at the site is just over one million square feet.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6529932
Latitude
41.8756183

FAQs

What type of property is this?
Land - High-profile development opportunity in Chicago's Southwest Loop neighborhood.
Where is this land located?
The property is located at 1212 W Congress Pkwy Chicago, IL.
What are key features of this property?
This property features: - High-profile development opportunity in Chicago's Southwest Loop.; - Significant development potential with over 613,400 buildable square feet as-of-right, and over one million square feet with density bonuses.; - Located adjacent to the West Loop, a thriving live-work-play area.
More about this property
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