Listing Agency: NelsonHill Commercial Real Estate

Listed By: Mark A. Nelson, SIOR · License #IL 471009717

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Aug 9 at 3:31PM

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Investment Insights

Based on property information with market context.

This for-sale industrial land parcel totals 8.2 acres and is offered as raw land at 3940 S. Normal Avenue in Chicago, IL 60609.

The site’s size may support a range of industrial-oriented development plans, subject to applicable requirements. Interested parties should confirm zoning, permitted uses, and any development conditions with the appropriate local authorities.

Additional details on site features, access, and utilities were not provided.

Key Highlights

• Industrial land for sale in Chicago, IL
• Total lot size: 8.2 acres

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Pharmacy (Bike/Boat/Book/etc) Store Accounting Firm

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

626

Businesses Nearby

Explore this area Business Placement

Demographics for 60609, IL

65,770

Population

26,122

Households

2.5

Avg Household Size

34

Median Age

20%

College-Educated

76%

High-School Grad

7.7 sq mi

ZIP Area

8,542

Density / Sq Mi

$54,142

Median Household Income

$37,694

Median Earnings

$1,070

Median Rent

$251,600

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

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Frequently Asked Questions

What type of property is this?

Industrial land - For-sale industrial land parcel in Chicago, IL totaling 8.2 acres.

Where is this industrial land located?

The property is located at 3940 S Normal Avenue Chicago, IL.

What are key features of this property?

This property features: Industrial land for sale in Chicago, IL; Total lot size: 8.2 acres