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Vacant Lot in Developing Neighborhood
For Sale
$399,000
Pending

300 East Pershing Road, Chicago, IL 60653

8,622 SF lot primed for redevelopment or renovation.

Property SizeContact for details
Lot Size0.20 Acres
Days on Market169

Property Features for 300 East Pershing Road

General Information

Standard status Pending
Lot size 0.20 Acres
Property subtype Land
Zoning MULTI

Taxes and HOA fees

Annual Taxes $28,194
Listing Agency: Chicago Real Estate Resources
Listed By: Nathan Gautsche · License #475120343
Source: Compass
Added: Mar 6 Changed: Aug 8 Last Checked: Jul 24 at 2:52PM

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 Chicago Real Estate Resources

Investment Insights

Based on property information with market context.

This vacant, one-story multi-tenant building is situated on an 8,622 square foot lot. The property occupies a corner position in an actively developing neighborhood. It presents an opportunity for an investor or developer to capitalize on the area's momentum through renovation of the existing structure or ground-up redevelopment.

Key Highlights

  • Rare corner lot location.
  • Located in actively developing Bronzeville neighborhood.
  • Large 8,622 SF lot.

Property Analytics

Current Use

Bronzeville Medical Center Medical Clinic Public Aid Department Social Service Agency VIVEK PHARMACY INC Pharmacy Dr. Bharatkumar Naik Pediatrician Dr. Bhartikimar I. ... Pediatrician

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring 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

899
Businesses Nearby

Demographics for 60653, IL

33,146
Population
18,279
Households
1.8
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
2.4 sq mi
ZIP Area
13,811
Density / Sq Mi
$39,565
Median Household Income
$49,335
Median Earnings
$856
Median Rent
$347,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 8,622 SF lot primed for redevelopment or renovation.
Where is this commercial land located?
The property is located at 300 East Pershing Road Chicago, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Rare corner lot location.; Located in actively developing Bronzeville neighborhood.; Large 8,622 SF lot.
More about this property
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