Listing Agency: RE/MAX OF NAPERVILLE Show Phone

Listed By: RICHARD PAN · License #475132879 Show Phone

Source: Corcoran

Added: Feb 3, 2024 Changed: Aug 8 Last Checked: Jul 23 at 8:47AM

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Investment Insights

Based on property information with market context.

Three vacant lots are available in Chinatown, zoned B1-3. The combined area measures 75x125. The zoning allows for a mix of storefront and condo/apartment development; verification with the City of Chicago is recommended. The location is near the I-90/94 and I-55 highways, downtown Chicago, and other major routes. Guaranteed Rate Field, home of the Chicago White Sox, is less than one mile away.

Key Highlights

• Prime location in the heart of Chinatown
• Zoned B1‑3 for mixed‑use development, ideal for storefront and condo/apartments
• Three contiguous lots (75x125)

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store HVAC Service Carpet & Flooring Store 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

1,884

Businesses Nearby

Explore this area Business Placement

Demographics for 60616, IL

54,013

Population

26,912

Households

2

Avg Household Size

38

Median Age

53%

College-Educated

86%

High-School Grad

3.8 sq mi

ZIP Area

14,214

Density / Sq Mi

$77,841

Median Household Income

$53,415

Median Earnings

$1,329

Median Rent

$387,300

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - Three adjacent lots in Chinatown, zoned for mixed-use development.

Where is this commercial land located?

The property is located at 2922-2926 S Wentworth Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $875,000.

What are key features of this property?

This property features: Prime location in the heart of Chinatown; Zoned B1‑3 for mixed‑use development, ideal for storefront and condo/apartments; Three contiguous lots (75x125)