B2B-Zoned Commercial
For Sale
$1,300,000
2050 W Grand Avenue, Chicago, IL 60612
Two adjoining parcels support residential, commercial, and mixed-use development under B2B zoning.
Property Size1,798 SF
Price / SF$723.03
Days on Market18
Property Features for 2050 W Grand Avenue
General Information
Standard status
Active
Size
1,798 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$10,284
Building Details
Building Size
1,798 SF
Year Built
1890
Stories
2
Units
2
Listing Agency:
Compass
(773) 466-7150
Listed By:
Kathryn Barry · License #475161626
(773) 466-7150
Source:
Gia-sells
Added: Aug 14
Changed: Aug 29
Last Checked: Aug 30 at 5:44PM
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 Compass
Investment Insights
Based on property information with market context.
This offering combines two adjoining parcels on W Grand Avenue, available individually or together. The 2050 W Grand parcel includes a frame two-unit building that is currently rented on a month-to-month basis, while 2048 W Grand is vacant and was formerly used as an urban garden. Each lot measures 24 x 92.
B2B zoning permits development of 2-4 unit residential, commercial, mixed-use, multifamily, or single-family properties. A bus stop is located directly in front of the parcels, with Ukrainian Village, the United Center development, and the West Loop identified in the surrounding area. The property is situated near the intersection of Grand and Hoyne.
B2B zoning permits development of 2-4 unit residential, commercial, mixed-use, multifamily, or single-family properties. A bus stop is located directly in front of the parcels, with Ukrainian Village, the United Center development, and the West Loop identified in the surrounding area. The property is situated near the intersection of Grand and Hoyne.
Key Highlights
- Two adjoining parcels available separately or together
- Lots measure 24 x 92
- 2050 W Grand includes a frame two‑unit building rented month to month
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,404
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two adjoining parcels support residential, commercial, and mixed-use development under B2B zoning.
Where is this commercial land located?
The property is located at 2050 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Two adjoining parcels available separately or together; Lots measure 24 x 92; 2050 W Grand includes a frame two‑unit building rented month to month
