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Commercial Land with Storefronts
For Sale
$1,250,000
Pending

2303 W Foster Avenue, Chicago, IL 60625

Lot includes two storefronts currently rented month to month, while the seller requests a land-only sale with no property viewing.

Property SizeContact for details
Days on Market50

Property Features for 2303 W Foster Avenue

General Information

Standard status Pending
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $16,694
Listing Agency: DIRECT BROKER LLC
Listed By: JAMES MILLER · License #471002997
Source: Corcoran
Added: Jul 10 Changed: Aug 8 Last Checked: Jul 23 at 9:08AM

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 DIRECT BROKER LLC

Investment Insights

Based on property information with market context.

This for-sale parcel is offered with a land-only sale request from the seller. The property is described as a rectangular lot measuring 48.9 by 124.2, designated under B1-2 zoning. There are present structures on-site featuring two store fronts, which are currently rented on a month-to-month basis.

The seller indicates there should be no property viewing. Based on the provided information, the storefronts are generating $3,750 plus $1,250 in monthly rent. The property is located at 2303 W Foster Avenue, Chicago, IL 60625.

As presented, the asset is positioned for buyers interested in purchasing the land with existing storefront structures in place, subject to the seller’s instruction of no viewing.

Key Highlights

  • 48.9 x 124.2 lot in the Lincoln Sq area (Lot B1‑2 zoning)
  • Property has two storefronts that are currently rented month to month
  • Monthly rent totals $3,750 plus $1,250 for the storefronts

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Food Market Building Supply Catering Service (Bike/Boat/Book/etc) Store HVAC Service Butcher

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

3,194
Businesses Nearby
118k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 40% Shops & Services 35% Dining 21% Home Improvements & Furnishings 2%
Tony's Fresh Market Groceries
46,822 visits/mo 0.2 miles
Burger King Dining
14,996 visits/mo 0.5 miles
Dollar Tree Shops & Services
9,356 visits/mo 0.4 miles
7-Eleven Shops & Services
8,529 visits/mo 0.1 miles
Mobil Shops & Services
8,368 visits/mo 0.2 miles

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Lot includes two storefronts currently rented month to month, while the seller requests a land-only sale with no property viewing.
Where is this commercial land located?
The property is located at 2303 W Foster Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 48.9 x 124.2 lot in the Lincoln Sq area (Lot B1‑2 zoning); Property has two storefronts that are currently rented month to month; Monthly rent totals $3,750 plus $1,250 for the storefronts
More about this property
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