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Industrial Land Assemblage
New
For Sale
$240,000

1840 W Walnut St, Chicago, IL 60612

Five-lot assemblage zoned PMD-4 with permitted commercial, business service, and industrial use potential.

Property Size105 SF
Price / SF$2,285
Days on Market2

Property Features for 1840 W Walnut St

General Information

Standard status Active
Size 105 SF
Property subtype Land
Listing Agency: Chicago's Real Estate Agency
Listed By: Northwest Suburban Real Estate
Source: Nwsrealestate
Added: Sep 12 Last Checked: Sep 13 at 8:57AM

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

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 measure 25 x 105 square feet each and are being offered together as one land package. The property is zoned PMD-4, or Planned Manufacturing District 4, with commercial, business service, industrial, and other uses subject to City of Chicago zoning requirements.

The assemblage includes 1838, 1840, 1842, 1846, and 1848 W Walnut St. in Chicago. Its established urban setting provides proximity to major transportation routes and expressways, supporting consideration for a range of development and commercial applications allowed under the applicable zoning regulations.

Key Highlights

  • Approximately 0.30 acres of contiguous vacant industrial land
  • Five‑parcel assemblage offered only as a combined purchase
  • Each lot measures 25 x 105 square feet

Property Analytics

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Current Use

Commercial land

Suggested Use

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

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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Five-lot assemblage zoned PMD-4 with permitted commercial, business service, and industrial use potential.
Where is this industrial land located?
The property is located at 1840 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 offered only as a combined purchase; Each lot measures 25 x 105 square feet
More about this property
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