B2B-Zoned Development
New
For Sale
$1,300,000
2050 W Grand Avenue, Chicago, IL 60612
COMMERCIAL - Chicago, IL
Property SizeContact for details
Lot Size0.10 Acres
Days on Market6
Property Features for 2050 W Grand Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
West on W Grand between N Hoyne and N Damen.
Subdivision
CHI - West Town
Standard status
Active
APN
17071240180000
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
10285
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1890
Floors in Building
2
Number of units
2
Listing Agency:
Compass
(773) 466-7150
Listed By:
Kathryn Barry · License #475161626
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 9 at 6:06PM
MLS# 12724328
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land offering consists of two parcels that may be acquired individually or together. The 2050 W Grand Avenue parcel includes a frame two-unit building with month-to-month tenancy, while 2048 W Grand Avenue is vacant and was previously used as an urban garden. Each lot measures 24 x 92 feet, and the property record identifies 0.1014 acres. Window unit cooling is present in the existing building, which was built in 1890.
B2B zoning allows development for two- to four-unit residential, commercial, mixed-use, multifamily, or single-family properties. The parcels are positioned at Grand Avenue and Hoyne Avenue, with a bus stop directly in front. Ukrainian Village, the United Center development, and the West Loop are identified as nearby destinations.
B2B zoning allows development for two- to four-unit residential, commercial, mixed-use, multifamily, or single-family properties. The parcels are positioned at Grand Avenue and Hoyne Avenue, with a bus stop directly in front. Ukrainian Village, the United Center development, and the West Loop are identified as nearby destinations.
Key Highlights
- B2B zoning permits two- to four‑unit residential, commercial, mixed‑use, multifamily, and single‑family development
- Two parcels offered separately or together
- 2050 W Grand includes a frame two‑unit building with month‑to‑month tenancy
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 - Paired parcels allow residential, commercial, mixed-use, multifamily, and single-family 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: B2B zoning permits two- to four‑unit residential, commercial, mixed‑use, multifamily, and single‑family development; Two parcels offered separately or together; 2050 W Grand includes a frame two‑unit building with month‑to‑month tenancy
