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B3-1 Commercial Development Site
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4500 S Western Ave, Chicago, IL 60609

Corner commercial site with B3-1 zoning and plans for retail or drive-through restaurant development.

Property SizeContact for details
Days on Market147

Property Features for 4500 S Western Ave

General Information

Standard status Active
Property subtype Retail, Multifamily, Mixed Use, Land
Listing Agency: Better Homes & Gardens Real Estate
Listed By: Rima Odeh · License #475102798
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 2:50PM

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 Better Homes & Gardens Real Estate

Investment Insights

Based on property information with market context.

This commercial land parcel contains 18,350 square feet at the southwest corner of 45th Street and Western Avenue. The site measures 133 feet wide along Western Avenue and extends 138 feet deep. It carries B3-1 zoning, with the source information identifying potential applications that include multi-unit, shopping center, franchise, mixed-use, and gas station development.

Site planning materials are available for an 8,200-square-foot retail concept and a 4,880-square-foot restaurant, coffee shop, or ice cream use with drive-through. The parcel is positioned across from Home Depot and Walgreens, with reported traffic of more than 43,000 vehicles per day. Multiple PIN numbers are associated with the property.

Key Highlights

  • 18,350‑square‑foot commercial land parcel
  • 133 feet wide along Western Avenue and 138 feet deep
  • B3‑1 zoning with multiple commercial development applications identified

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Butcher Food Market Garden Center (Bike/Boat/Book/etc) Store Supermarket Restaurant

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

2,933
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial site with B3-1 zoning and plans for retail or drive-through restaurant development.
Where is this commercial land located?
The property is located at 4500 S Western Ave Chicago, IL.
What are key features of this property?
This property features: 18,350‑square‑foot commercial land parcel; 133 feet wide along Western Avenue and 138 feet deep; B3‑1 zoning with multiple commercial development applications identified
(708) 856-5100 Call to check price and availability
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