1727 S Indiana Ave., Chicago, IL 60616
Sale offering includes a 60-space parking lot and a 16,245-square-foot commercial building with 10 additional spaces.
- Added:
- Jun 10, 2026
- Days on Market:
- 26
- Last Refresh:
- Jun 20 at 8:59 am
Property Features for 1727 S Indiana Ave.
General Information
- Standard status
- Active
- Size
- 16,145 SF
- Property subtype
- Mixed Use
Listing office Millennium Properties R/E (312) 338-3000
Listing date Jun 10, 2026
Source Crexi
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 Millennium Properties R/E
HighLights
- Includes a 60‑space parking lot plus a 16,245 SF commercial space
- Additional 10 parking spaces included with the sale offering
- South Loop parcel near the corner of Indiana Avenue and 18th Street
- Present zoning allows for 172 units over 180,000 SF of building with potential bonuses
- Adjacent to The Prairie District Lofts (116 residential units and 6 long‑term leased ground‑floor commercial spaces)
Overview
Located in Chicago’s South Loop near the corner of Indiana Avenue and 18th Street, the site is adjacent to The Prairie District Lofts, a condominium building with 116 residential units and six long-term leased commercial spaces at street level. The surrounding area includes major cultural and entertainment attractions such as Soldier Field, Shedd Aquarium, Adler Planetarium, and the Field Museum, as well as the School of the Art Institute of Chicago and Columbia College, along with Mariano’s.
This configuration can be a practical fit for developers and investors looking for a mixed-use capable parcel that combines on-site parking with an existing commercial component. The close adjacency to established residential and street-level retail may support a tenant strategy that values convenient access and parking availability, while the stated development capacity offers a defined framework for future reuse or expansion.
Current Use by Public Records
Similar Places Nearby
- Propane Refill at U-Haul — 2601 S La Salle St, Chicago, IL 60616
- Enterprise Rent-A-Car — 2640 S Michigan Ave, Chicago, IL 60616
- Trailer Rental at U-Haul — 2601 S La Salle St, Chicago, IL 60616
- Truck Rental at U-Haul — 2601 S La Salle St, Chicago, IL 60616
- U-Haul Moving & Storage of Bronzeville — 2601 S La Salle St, Chicago, IL 60616
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6218628
- Latitude
- 41.856596
