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Land Near Illinois Medical District
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2336 W Roosevelt Rd, Chicago, IL 60608

Land suitable for residential, mixed-use, retail, and office development.

Property SizeContact for details
Days on Market696

Property Features for 2336 W Roosevelt Rd

General Information

Standard status Active
Property subtype Land, Mixed Use, Retail
Zoning C1-2
Listing Agency: A.R.C Real Estate Group
Listed By: Matt Cavanagh · License #IL
Source: Crexi
Added: Sep 30, 2024 Changed: Aug 21 Last Checked: Aug 25 at 8:59AM

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 A.R.C Real Estate Group

Investment Insights

Based on property information with market context.

The property is located near the Illinois Medical District, which includes four major hospitals, two medical universities, and over 40 healthcare-related facilities. This district has more than 29,000 employees and 50,000 daily visitors, generating $2.4 billion in economic activity. The site is situated just east of the intersection of Western and Roosevelt, which sees 44,800 vehicles per day. The C1-2 zoning allows for a variety of uses, including residential, mixed-use, retail, and office developments.

Key Highlights

  • Borders Illinois Medical District (IMD) with 29,000+ employees and 50,000 daily visitors.
  • High traffic location: Just east of 44,800 VPD intersection.
  • C1‑2 zoning allows for residential, mixed‑use, retail, and office.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Accounting Firm Computer & Electronic Repair Veterinary Clinic

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

3,641
Businesses Nearby

Demographics for 60608, IL

75,770
Population
32,617
Households
2.3
Avg Household Size
34
Median Age
34%
College-Educated
77%
High-School Grad
6.2 sq mi
ZIP Area
12,221
Density / Sq Mi
$70,704
Median Household Income
$42,211
Median Earnings
$1,208
Median Rent
$341,500
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Land suitable for residential, mixed-use, retail, and office development.
Where is this commercial land located?
The property is located at 2336 W Roosevelt Rd Chicago, IL.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Borders Illinois Medical District (IMD) with 29,000+ employees and 50,000 daily visitors.; High traffic location: Just east of 44,800 VPD intersection.; C1‑2 zoning allows for residential, mixed‑use, retail, and office.
(630) 908-5703 Call to check price and availability
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