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Two-Parcel Commercial Land
For Sale
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12841 S Halsted St, Chicago, IL 60628

Includes an existing storefront and a second parcel positioned to the south.

Property SizeContact for details
Days on Market143

Property Features for 12841 S Halsted St

General Information

Standard status Active
Property subtype Retail
Listing Agency: A.R.E. Partners Inc.
Listed By: Antje Gehrken, CCIM · License #471002284
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 1:54PM

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 A.R.E. Partners Inc.

Investment Insights

Based on property information with market context.

The offering includes two separate parcels along S Halsted St. The northern parcel at 12841 S Halsted St contains an estimated 900-square-foot storefront on a 2,700-square-foot parcel. A second 2,700-square-foot parcel at 12843 S Halsted St is located immediately to the south.

Both parcels are within Chicago’s West Pullman area and the 119th/Halsted TIF district. The property is being sold by the Cook County Land Bank Authority, with the existing storefront and additional land included in the offering.

Key Highlights

  • Two parcels included in the offering
  • Estimated 900 SF storefront at 12841 S Halsted St
  • 2,700‑square‑foot parcel with the storefront

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency HVAC Service Big Box & Wholesale Store Pharmacy

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

203
Businesses Nearby
9k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Dollar General Shops & Services
8,520 visits/mo 0.3 miles
Muffler Man Shops & Services
574 visits/mo 0.3 miles

Demographics for 60628, IL

62,832
Population
28,736
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
87%
High-School Grad
11.0 sq mi
ZIP Area
5,712
Density / Sq Mi
$49,719
Median Household Income
$35,974
Median Earnings
$1,168
Median Rent
$158,500
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Includes an existing storefront and a second parcel positioned to the south.
Where is this commercial land located?
The property is located at 12841 S Halsted St Chicago, IL.
What are key features of this property?
This property features: Two parcels included in the offering; Estimated 900 SF storefront at 12841 S Halsted St; 2,700‑square‑foot parcel with the storefront
(312) 339-7655 Call to check price and availability
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