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Tri-Taylor Corner Lot Opportunity

2224 W Taylor Street, Chicago, IL 60612

For Sale
$230,000

Redevelopment potential in thriving Tri-Taylor neighborhood for retail or residential.

Property SizeContact for details
Days on Market622

Property Features for 2224 W Taylor Street

General Information

Standard status Active
Property subtype LAND

Site & Location

Neighborhood Tri-taylor

Taxes and HOA fees

Annual Taxes $2,662
Listing Agency: @properties Christie's International Real Estate
Listed By: Yvette DuPree · License #475124710
Source: Joy-residential
Added: Feb 24, 2025 Changed: Nov 5 Last Checked: Nov 7 at 8:32AM

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 @properties Christie's International Real Estate

Rey
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Investment Insights

Based on property information with market context.

This corner lot parcel of land offers redevelopment potential for retail or residential use. Situated on Taylor Street near Ogden Avenue, the property also has access from the 900 block of Bell Avenue. The location is within walking distance of restaurants, the Illinois Medical District, the United Center, parks, and community conveniences. The property borders a landscaped cul-de-sac on Bell Avenue. Zoned PD-30, the property allows for multi-family or mixed-use development. The location is steps from a newly created development featuring retail, restaurants, and a hotel. Taylor Street is a hub of residential and commercial activity with a presence of companies and ongoing development. The Illinois Medical District brings a high density of people daily to its campus, driving demand for new growth and opportunities. The property is located in Chicago's Historic Tri-Taylor Neighborhood and offers convenient public transportation options.

Key Highlights

  • Prime corner lot location on Taylor Street near Ogden Avenue with access from Bell Avenue.
  • Zoned PD‑30, allowing for multi‑family or mixed‑use development.
  • High visibility and walking distance to restaurants, Illinois Medical District, United Center, parks, and community conveniences.

Property Analytics

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Open Analytics

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Fish Market Clothing & Fashion 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

5,050
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
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Market

Properties on Market for Commercial land in Chicago

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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment potential in thriving Tri-Taylor neighborhood for retail or residential.
Where is this commercial land located?
The property is located at 2224 W Taylor Street Chicago, IL.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Prime corner lot location on Taylor Street near Ogden Avenue with access from Bell Avenue.; Zoned PD‑30, allowing for multi‑family or mixed‑use development.; High visibility and walking distance to restaurants, Illinois Medical District, United Center, parks, and community conveniences.
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