Five-Lot Industrial Land
New
For Sale
$240,000
1842 W Walnut St, Chicago, IL 60612
Contiguous vacant land with PMD-4 zoning and commercial, business service, and industrial use potential subject to Chicago requirements.
Property Size105 SF
Price / SF$2,285
Days on Market2
Property Features for 1842 W Walnut St
General Information
Standard status
Active
Size
105 SF
Property subtype
Land
Listing Agency:
Wirtz Real Estate Group Inc
Listed By:
The Luxe Home Team
(630) 338-7643
Source:
Theluxehometeam
Added: Sep 12
Last Checked: Sep 13 at 8:52AM
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 Wirtz Real Estate Group Inc
Investment Insights
Based on property information with market context.
This offering comprises five adjoining vacant parcels that must be acquired together. The assemblage includes 1838, 1840, 1842, 1846, and 1848 W Walnut St., with each lot measuring 25 x 105 square feet and a combined area of approximately 0.30 acres. The property is classified as Industrial land and carries PMD-4, or Planned Manufacturing District 4, zoning.
Permitted uses may include commercial, business service, industrial, and other activities allowed under the City of Chicago zoning requirements. The site is located near major transportation routes and expressways in Chicago, Illinois, providing established-area access for future permitted development.
Permitted uses may include commercial, business service, industrial, and other activities allowed under the City of Chicago zoning requirements. The site is located near major transportation routes and expressways in Chicago, Illinois, providing established-area access for future permitted development.
Key Highlights
- Five contiguous parcels offered together at 1838, 1840, 1842, 1846, and 1848 W Walnut St.
- Approximately 0.30 acres of vacant industrial land
- Each lot measures 25 x 105 square feet
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,977
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Industrial in Chicago, IL
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Frequently Asked Questions
What type of property is this?
Industrial land - Contiguous vacant land with PMD-4 zoning and commercial, business service, and industrial use potential subject to Chicago requirements.
Where is this industrial land located?
The property is located at 1842 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: Five contiguous parcels offered together at 1838, 1840, 1842, 1846, and 1848 W Walnut St.; Approximately 0.30 acres of vacant industrial land; Each lot measures 25 x 105 square feet
