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Humboldt Park Development Opportunity

1618 North Central Park Avenue Chicago, IL 60647

Claim this Listing
For Sale
$350,000

Vacant double-lot with mixed-use development potential in Humboldt Park.

Type:Land
Lot size:
0.16 Acres
Added:
Apr 12, 2026
Days on Market:
92
Last Refresh:
Jul 5 at 9:25 am

Property Features for 1618 North Central Park Avenue

General Information

Standard status
Active
Lot size
0.16 Acres
Property subtype
Land

Listing office Compass

Listing date Apr 12, 2026

Source Compass

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 Compass


Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire two adjacent city lots in Humboldt Park, totaling approximately 60 x 120 feet. The property is zoned B3-1, offering excellent mixed-use development potential for a building with ground-floor commercial or retail space and residential units above. The location is suitable for a neighborhood grocery or deli, cafe, wellness or medical facility, office, retail storefront, or an owner-user concept with income-producing apartments. The property is one block away from the 606 trail and other developing neighborhood improvements. Located in Chicago's West Planning Region, within an ARO Community Preservation Area, and in an ADU-eligible area with no listed ADU limitations. A plat of survey is available upon request.

Key Highlights

  • Rare vacant double lot (60 x 120 ft) in Humboldt Park.
  • Zoned B3‑1, offering excellent mixed‑use development potential.
  • Ideal for ground‑floor commercial/retail with residential units above.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Law Firm Acupuncture Carpet & Flooring Store Skin Care Clinic Nursing Home Catering Service (Bike/Boat/Book/etc) Store Nursing Home Storage Facility Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Vacant double-lot with mixed-use development potential in Humboldt Park.
Where is this commercial land located?
The property is located at 1618 North Central Park Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Rare vacant double lot (60 x 120 ft) in Humboldt Park.; Zoned B3‑1, offering excellent mixed‑use development potential.; **Ideal for ground‑floor commercial/retail with residential units above.**
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