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PMD-4 Industrial Land
New
For Sale
$240,000

1846 W Walnut St, Chicago, IL 60612

Five-lot vacant assemblage with PMD-4 zoning supporting commercial, business service, and industrial uses subject to city requirements.

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

Property Features for 1846 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 9:09AM

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 five contiguous vacant lots assembled as one development site, totaling approximately 0.30 acres. The parcels are identified as 1838, 1840, 1842, 1846, and 1848 W Walnut St., with each lot measuring 25 x 105 sq ft. All five parcels are being offered together.

The property is zoned PMD-4, or Planned Manufacturing District 4. Permitted uses may include commercial, business service, industrial, and other uses allowed under the City of Chicago zoning requirements. The site is located in Chicago near major transportation routes and expressways, with an address at 1846 W Walnut St.

Key Highlights

  • Approximately 0.30 acres of contiguous vacant land
  • Five‑lot 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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Current Use

Industrial 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
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Frequently Asked Questions

What type of property is this?
Industrial land - Five-lot vacant assemblage with PMD-4 zoning supporting commercial, business service, and industrial uses subject to city requirements.
Where is this industrial land located?
The property is located at 1846 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 land; Five‑lot assemblage at 1838, 1840, 1842, 1846, and 1848 W Walnut St.; Each lot measures 25 x 105 sq ft
More about this property
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