B2B-Zoned Commercial
New
For Sale
$1,300,000
2050 W Grand Ave, Chicago, IL 60612
Two adjoining parcels combine an existing two-unit frame building with a vacant lot and flexible development potential.
Property Size1,798 SF
Price / SF$723.03
Days on Market2
Property Features for 2050 W Grand Ave
General Information
Standard status
Active
Size
1,798 SF
Building Details
Year Built
1890
Listing Agency:
Compass
Listed By:
Kathryn Barry · License #475161626
(412) 735-2852
Source:
Bktchicago
Added: Sep 7
Last Checked: Sep 7 at 3:10PM
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 commercial land offering includes two side-by-side parcels available separately or together. The 2050 W Grand parcel contains a frame two-unit building that is currently rented on a month-to-month basis, while the 2048 parcel is vacant and was formerly used as an urban garden. The property was built in 1890.
B2B zoning supports development of 2-4 unit residential, commercial, mixed-use, multifamily, or single-family properties. The parcels are positioned at Grand and Hoyne, with a bus stop directly in front and proximity to Ukrainian Village, the United Center development, and the West Loop.
B2B zoning supports development of 2-4 unit residential, commercial, mixed-use, multifamily, or single-family properties. The parcels are positioned at Grand and Hoyne, with a bus stop directly in front and proximity to Ukrainian Village, the United Center development, and the West Loop.
Key Highlights
- Two side‑by‑side parcels available separately or together
- Frame two‑unit building at 2050 W Grand is rented month to month
- 2048 W Grand is vacant and formerly operated as an urban garden
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 combine an existing two-unit frame building with a vacant lot and flexible development potential.
Where is this commercial land located?
The property is located at 2050 W Grand Ave 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 side‑by‑side parcels available separately or together; Frame two‑unit building at 2050 W Grand is rented month to month; 2048 W Grand is vacant and formerly operated as an urban garden
