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Zoned Development Land Parcel
For Sale
$550,000

2248 N Western Ave, Chicago, IL 60647

Vacant-at-closing option for a B3-2 zoned parcel with no setback requirement and no current property violations.

Property SizeContact for details
Days on Market168

Property Features for 2248 N Western Ave

General Information

Standard status Active
Property subtype Vacant Land
Zoning B3-2

Site & Location

Neighborhood Logan Square
Listing Agency: Corcoran Urban Real Estate
Listed By: Christopher Pezza · License #475135981
Source: Saladinosells
Added: May 9 Changed: Oct 10 Last Checked: Oct 5 at 7:57PM

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 Corcoran Urban Real Estate

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Investment Insights

Based on property information with market context.

This for-sale development parcel is currently zoned B3-2 and is described as having a no-setback requirement, providing flexibility for an urban build. The seller indicates the property can be delivered vacant at closing, or tenants may remain on a month-to-month basis during the entitlement period. The property is also reported to have no current violations.

The offering is positioned for redevelopment in the Bucktown/Logan Square area of Chicago.

A neighboring property has reportedly received a zoning change to B3-3, which is described as enabling a four-story mixed-use condo project. Long-term family-owned, the seller is offering this parcel for developers and builders to advance their plans.

Key Highlights

  • Vacant‑at‑closing option for a B3‑2 zoned parcel
  • B3‑2 zoning includes no setback requirement
  • No current violations on the property

Property Analytics

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Suggested Use

Top Pick Accounting Firm Nursing Home Fish Market Butcher Clothing & Fashion Store Mobile Phone 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

2,937
Businesses Nearby

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant-at-closing option for a B3-2 zoned parcel with no setback requirement and no current property violations.
Where is this commercial land located?
The property is located at 2248 N Western Ave Chicago, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Vacant‑at‑closing option for a B3‑2 zoned parcel; B3‑2 zoning includes no setback requirement; No current violations on the property
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