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Three-Lot Industrial Land
For Sale
$1,400,000

3110-3118 S Shields Avenue, Chicago, IL 60616

Vacant M1-2 land comprising contiguous parcels near major Chicago destinations and interstate routes.

Property SizeContact for details
Days on Market9

Property Features for 3110-3118 S Shields Avenue

General Information

Standard status Active
Property subtype LAND

Taxes and HOA fees

Annual Taxes $2,949
Listing Agency: Chi Real Estate Group LLC
Listed By: Linda Wong · License #475177664
Source: Harkinsandassociates
Added: Aug 1 Changed: Aug 4 Last Checked: Aug 9 at 11:41AM

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 Chi Real Estate Group LLC

Investment Insights

Based on property information with market context.

This vacant industrial land offering includes 3 contiguous lots identified by 2 PINs. The property carries M1-2 zoning, with potential development and permitted uses subject to buyer verification. The site is offered in its existing condition and can be viewed by drive-by inspection.

Located in Chicago’s Armour Square area, the property is near Chinatown, Downtown Chicago, and Guaranteed Rate Field. Access is available to I-90/94 and I-55, while the surrounding area includes ongoing development and traffic exposure. The address covers 3110-3118 S Shields Avenue.

Key Highlights

  • 3 contiguous lots identified by 2 PINs
  • M1‑2 zoning with buyer verification of permitted uses
  • Vacant land at 3110‑3118 S Shields Avenue

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Wine and Liquor Store Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Building Supply Pet Grooming Service

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

1,600
Businesses Nearby

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

Market

Vacancy Rate% for Industrial in Chicago, IL

4.9% 2019
5.4% 2020
4% 2021
3.3% 2022
4.5% 2023
4.5% 2024
4.7% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Vacant M1-2 land comprising contiguous parcels near major Chicago destinations and interstate routes.
Where is this industrial land located?
The property is located at 3110-3118 S Shields Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 3 contiguous lots identified by 2 PINs; M1‑2 zoning with buyer verification of permitted uses; Vacant land at 3110‑3118 S Shields Avenue
More about this property
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