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Fulton Market Development Site
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1338 W Lake St, Chicago, IL 60607

Corner commercial land includes an existing 35,000 SF building with approximately 24,000 SF of land area.

Property Size35,000 SF
Lot Size0.55 Acres
Days on Market121

Property Features for 1338 W Lake St

General Information

Standard status Active
Size 35,000 SF
Lot size 0.55 Acres
Property subtype Land
Listing Agency: SVN | Chicago Commercial
Listed By: Scott Maesel · License #IL 471005379
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 4:00AM

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.

The offering consists of approximately 24,000 SF of commercial land with an approximately 35,000 SF building currently located on the site. The property is positioned as a Fulton Market development opportunity with stated total potential buildable FAR of approximately 193,000 SF.

The site is described as a desirable corner location and is within walking distance to two CTA stations. The remarks also indicate the location is just two blocks from Union Park, where residential, office, and hotel uses are permitted.

The combination of an existing building and the stated development parameters supports multiple possibilities for redevelopment planning within the West Loop area.

Key Highlights

  • Premier Fulton Market development site at 1338 W Lake St with approx. 24,000 SF of land and an approx. 35,000 SF existing building
  • Total potential buildable FAR of approximately 193,000 SF
  • Corner location in Fulton Market with walking distance to two CTA stations

Property Analytics

Current Use

LH Exchange Trade Show Venue

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop Storage Facility Building Supply Veterinary Clinic Garden Center

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

3,782
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial land includes an existing 35,000 SF building with approximately 24,000 SF of land area.
Where is this commercial land located?
The property is located at 1338 W Lake St Chicago, IL.
What are key features of this property?
This property features: Premier Fulton Market development site at 1338 W Lake St with approx. 24,000 SF of land and an approx. 35,000 SF existing building; Total potential buildable FAR of approximately 193,000 SF; Corner location in Fulton Market with walking distance to two CTA stations
(312) 676-1866 Call to check price and availability
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