Listing Agency: MCALLISTER REAL ESTATE Show Phone

Listed By: CHRISTOPHER MCALLISTER · License #471002408 Show Phone

Source: Corcoran

Added: Sep 30, 2025 Changed: Sep 5 Last Checked: Sep 5 at 9:04AM

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Investment Insights

Based on property information with market context.

This land is situated in the city's core, specifically within the Fulton Market District, and is suitable for various purposes. The location is near the "L" train. The surrounding area features new mixed-use buildings, condominiums, luxury apartments, and refurbished industrial buildings, contributing to a trendy atmosphere. The property is located near downtown.

Key Highlights

• Prime location in the Fulton Market District.
• Rare land availability, especially on the near west side.
• Proximity to the "L" train for convenient transportation.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop HVAC Service Garden Center Veterinary Clinic Storage Facility

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

6,410

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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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Land for sale in a booming, trendy urban area.

Where is this commercial land located?

The property is located at 1223 W Lake Street Chicago, IL.

What is the asking price?

The asking price for this property is $3,600,000.

What are key features of this property?

This property features: Prime location in the Fulton Market District.; Rare land availability, especially on the near west side.; Proximity to the "L" train for convenient transportation.