Commercial Land Development
For Sale
Under Contract
$6,950,000
1716 W Webster Avenue, Chicago, IL 60614
Land, Chicago, IL
Property SizeContact for details
Lot Size1.12 Acres
Days on Market59
Property Features for 1716 W Webster Avenue
General Information
Property type
Land
Property subtype
Other
Elementary school district
130
Middle school district
130
High school district
130
Directions
Follow I-94 W to W Armitage Ave. Take exit 48A from I-90 W/I-94 W Continue on W Armitage Ave to your destination
Subdivision
CHI - Logan Square
Standard status
Active Under Contract
APN
14312000340000
Lot size
1.12 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
232422
Utilities
Utilities
Water Available
Water front
1
Listing Agency:
Keller Williams ONEChicago · Keller Williams Realty
(312) 216-2422
Listed By:
Anthony Hardy · License #475139834
(773) 575-6082
Added: Jul 8
Changed: Aug 19
Last Checked: Sep 4 at 5:06PM
MLS# 12699197
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land parcel at 1716 W Webster Avenue encompasses approximately 48,879 square feet, or 1.12 acres. The site is currently zoned C3-3, a Commercial, Manufacturing and Employment District intended for business and employment uses. Water is available to the property.
Residential development is not permitted by right under the current zoning. A housing or mixed-use plan may require a zoning map amendment and/or Planned Development, subject to the final program, design, and applicable approvals. The immediate corridor includes Triangle Square Apartments at 1701 W Webster Avenue, a mid-rise apartment project completed in 2025, providing nearby context for residential redevelopment analysis. Buyer due diligence should address zoning, entitlements, achievable FAR, site design, parking, loading, and development feasibility.
Residential development is not permitted by right under the current zoning. A housing or mixed-use plan may require a zoning map amendment and/or Planned Development, subject to the final program, design, and applicable approvals. The immediate corridor includes Triangle Square Apartments at 1701 W Webster Avenue, a mid-rise apartment project completed in 2025, providing nearby context for residential redevelopment analysis. Buyer due diligence should address zoning, entitlements, achievable FAR, site design, parking, loading, and development feasibility.
Key Highlights
- Approximately 1.12‑acre commercial land parcel
- Approximately 48,879 SF of land at 1716 W Webster Avenue
- Current C3‑3 zoning supports business and employment uses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,834
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - C3-3-zoned land with water available and redevelopment considerations requiring buyer due diligence.
Where is this commercial land located?
The property is located at 1716 W Webster Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: Approximately 1.12‑acre commercial land parcel; Approximately 48,879 SF of land at 1716 W Webster Avenue; Current C3‑3 zoning supports business and employment uses
