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Vacant Industrial Land Lot
For Sale
$60,000

2745 West Lake Street, Chicago, IL 60612

Vacant industrial lot in a TIF zone with M1-2 zoning, located steps from the California Green Line station.

Property SizeContact for details
Lot Size0.04 Acres
Days on Market519

Property Features for 2745 West Lake Street

General Information

Standard status Active
Lot size 0.04 Acres
Property subtype Land
Zoning COMMR

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $231
Listing Agency: Strauss Realty Ltd
Listed By: David Kaplan · License #475212948
Source: Compass
Added: Mar 11, 2025 Changed: Aug 11 Last Checked: Aug 10 at 9:36AM

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 Strauss Realty Ltd

Investment Insights

Based on property information with market context.

This vacant industrial land lot is listed for sale and includes approximately 1,743 SF in a TIF zone. The property is designated for M1-2 zoning and offers a straightforward site for industrial-related development, redevelopment, or related use subject to applicable approvals.

The lot is located on West Lake Street and is described as just steps from the California Green Line station. It also offers easy access to I-290, along with proximity to Metra. Surrounding businesses include Bijora Inc., Green Line Convenience Store, Mighty Cake Company, Johnny's Ice House, Al's Under the L, Pete's Fresh Market, McDonald's, Popeyes, and Wendy's.

Key Highlights

  • Vacant lot with 1,743 SF on Lake Street
  • Located in a TIF zone
  • M1‑2 zoning

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Accounting Firm Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,299
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
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 - Vacant industrial lot in a TIF zone with M1-2 zoning, located steps from the California Green Line station.
Where is this industrial land located?
The property is located at 2745 West Lake Street Chicago, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Vacant lot with 1,743 SF on Lake Street; Located in a TIF zone; M1‑2 zoning
More about this property
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