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Redevelopment Land with Parking Lot
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1415-1421 W Diversey Pkwy, Chicago, IL 60614

Land equal to three city lots, including a two-story and a single-story building plus an on-site parking lot.

Property SizeContact for details
Days on Market121

Property Features for 1415-1421 W Diversey Pkwy

General Information

Standard status Active
Property subtype Retail, Land
Listing Agency: Strauss Realty
Listed By: Adam Schneiderman · License #IL 475149601
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 2:38PM

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

Investment Insights

Based on property information with market context.

This offering consists of land equal to three city lots, currently improved with the Rosebud Commissary and two buildings: a two-story structure and a single-story building, along with an on-site parking lot.

The property is located at 1415-1421 W. Diversey Pkwy in Chicago, IL 60614.

The seller’s stated redevelopment concept is a potential 3-story residential project with either 3 units or 6 units, subject to applicable approvals and requirements.

Key Highlights

  • Land equal to three city lots
  • Currently operating as Rosebud Commissary
  • Includes a two‑story building and a single‑story building

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tattoo & Piercing Shop Butcher Fish Market

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

6,219
Businesses Nearby
243k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Groceries 29% Shops & Services 16% Superstores 14%
Trader Joe's Groceries
43,874 visits/mo 0.3 miles
Target Superstores
33,595 visits/mo 0.3 miles
McDonald's Dining
29,548 visits/mo 0.3 miles
Binny's Beverage Depot Groceries
26,649 visits/mo 0.5 miles
Nando's PERi-PERi Dining
11,806 visits/mo 0.3 miles

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land equal to three city lots, including a two-story and a single-story building plus an on-site parking lot.
Where is this residential land & home lot located?
The property is located at 1415-1421 W Diversey Pkwy Chicago, IL.
What are key features of this property?
This property features: Land equal to three city lots; Currently operating as Rosebud Commissary; Includes a two‑story building and a single‑story building
(773) 736-3600 Call to check price and availability
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