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4800 North Western Ave Chicago, IL 60625

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For Sale
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Two-acre development site near Western Brown Line CTA station.

Property size:
85,925 SF

Property Features for 4800 North Western Ave

General Information

Standard status
Active
Size
85,925 SF

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Listing Contact
Marcello Campanini
Source: Cbre

Listing Agent: Marcello Campanini

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

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Overview

Lincoln Square Development Opportunity

This offering includes two and three-story buildings and a drive-thru, totaling 59,179 gross square feet, with 42,896 square feet above grade. The improvements are situated on a large 85,926 square foot land site at the entrance of Lincoln Square's main retail corridor. This rare two-acre development site is located in the heart of Lincoln Square and features a highly visible location. The site qualifies as a transit-oriented development (TOD) due to its proximity to the Western Brown Line CTA station. It offers a potential buildable floor area ratio (FAR) of up to 343,704 square feet if developed as a TOD. Fifth Third has expressed interest in returning to a new development on the site, potentially occupying approximately 2,800 square feet of corner space with high visibility, two drive-thru lanes, and one ATM lane.
Location Intelligence

Current Use by Public Records

Fifth Third Bank ... Bank MB Financial Bank Financial Advisor Brighton Park Community ... Park

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6892868
Latitude
41.9687732

FAQs

What type of property is this?
Commercial land - Two-acre development site near Western Brown Line CTA station.
Where is this commercial land located?
The property is located at 4800 North Western Ave Chicago, IL.
What are key features of this property?
This property features: - Rare 2-acre development site in the heart of Lincoln Square.; - Potential for up to 343,704 SF of Buildable FAR if a TOD Development.; - Located at the entrance of Lincoln Square's main retail corridor.
More about this property
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