Commercial Land with Existing
For Sale
Contact for pricing
1249 W Lake St, Chicago, IL 60607
C1-2-zoned commercial land with an existing building and development potential in Fulton Market.
Property SizeContact for details
Days on Market143
Property Features for 1249 W Lake St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
SVN | Chicago Commercial
(312) 676-1866
Listed By:
Scott Maesel · License #IL 471005379
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:05AM
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.
This commercial land offering includes an existing 8,400-square-foot building on a 7,800-square-foot land site. The corner configuration supports both the current improvement and future development planning, subject to applicable approvals. The property is zoned C1-2, providing a commercial framework for multiple potential uses.
Located at 1249 W Lake St in Chicago’s Fulton Market area, the site falls within the Near West Neighborhood Opportunity Bonus boundaries. That designation may support increased Floor Area Ratio (FAR), creating additional flexibility for redevelopment concepts. The property is broker-owned.
Located at 1249 W Lake St in Chicago’s Fulton Market area, the site falls within the Near West Neighborhood Opportunity Bonus boundaries. That designation may support increased Floor Area Ratio (FAR), creating additional flexibility for redevelopment concepts. The property is broker-owned.
Key Highlights
- 8,400 SF existing building on a 7,800 SF land site
- C1‑2 zoning supports a range of commercial uses
- Corner property at 1249 W Lake St, Chicago, IL 60607
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,410
Businesses Nearby
120k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Shops & Services 7%
Hotels & Casinos 5%
Apparel 3%
McDonald's
Dining
38,968 visits/mo
0.1 miles
Shake Shack
Dining
14,493 visits/mo
0.4 miles
Starbucks
Dining
9,334 visits/mo
0.4 miles
Lou Malnati's Pizzeria
Dining
9,016 visits/mo
0.2 miles
Dunkin' Donuts
Dining
8,042 visits/mo
0.5 miles
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
Market
Vacancy Rate% for Retail in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C1-2-zoned commercial land with an existing building and development potential in Fulton Market.
Where is this commercial land located?
The property is located at 1249 W Lake St Chicago, IL.
What are key features of this property?
This property features: 8,400 SF existing building on a 7,800 SF land site; C1‑2 zoning supports a range of commercial uses; Corner property at 1249 W Lake St, Chicago, IL 60607
