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Five-Lot Industrial Land Assemblage
For Sale
$240,000

1838 W Walnut St, Chicago, IL 60612

Vacant PMD-4-zoned land with commercial, business service, and industrial use potential subject to Chicago zoning requirements.

Property Size105 SF
Price / SF$2,285
Days on Market47

Property Features for 1838 W Walnut St

General Information

Standard status Active
Size 105 SF
Property subtype Land

Site & Location

Neighborhood West Town
Listing Agency: Chicago's Real Estate Agency
Listed By: Nate Evans Group
Source: Illinoishomesearch
Added: Sep 12 Changed: Oct 27 Last Checked: Oct 28 at 7:47AM

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 Chicago's Real Estate Agency

Rey
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Investment Insights

Based on property information with market context.

This offering comprises approximately 0.30 acres of contiguous vacant industrial land assembled from five parcels. The lots are located at 1838, 1840, 1842, 1846, and 1848 W Walnut St., with each parcel measuring 25 x 105 sq ft. All five parcels are to be purchased together.

The property is zoned PMD-4, or Planned Manufacturing District 4. Permitted uses may include commercial, business service, industrial, and other activities subject to the City of Chicago zoning requirements. The site is positioned in an established Chicago setting near major transportation routes and expressways, providing access relevant to future development planning.

Key Highlights

  • Approximately 0.30 acres of contiguous vacant industrial land
  • Five‑parcel assemblage at 1838, 1840, 1842, 1846, and 1848 W Walnut St.
  • Each lot measures 25 x 105 sq ft

Property Analytics

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Open Analytics

Suggested Use

Top Pick Accounting Firm Auto Parts Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Supermarket

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

2,977
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Vacant PMD-4-zoned land with commercial, business service, and industrial use potential subject to Chicago zoning requirements.
Where is this industrial land located?
The property is located at 1838 W Walnut St Chicago, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Approximately 0.30 acres of contiguous vacant industrial land; Five‑parcel assemblage at 1838, 1840, 1842, 1846, and 1848 W Walnut St.; Each lot measures 25 x 105 sq ft
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