Extra-Wide Industrial Development
For Sale
$1,500,000
3110-3118 S Shields Avenue, Chicago, IL 60616
Two vacant industrial lots are offered, including one standard and one extra-wide parcel, zoned M1-2.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market98
Property Features for 3110-3118 S Shields Avenue
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Land or Vacant Lot
Zoning
M1-2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,950
Listing Agency:
CHI REAL ESTATE GROUP LLC
(312) 796-6654
Listed By:
LINDA WONG · License #475177664
Source:
Corcoran
Added: May 8
Changed: Aug 8
Last Checked: Aug 13 at 6:05AM
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.
The offering includes two vacant industrial lots: one standard lot measuring 25 x 124 and one extra-wide lot measuring 50 x 124. The parcels are zoned M1-2 and are being sold as-is.
The property is located at 3110–3118 S Shields Avenue in Chicago, with proximity to Chinatown, downtown Chicago, and major nearby routes including I-90/94 and I-55. Guaranteed Rate Field is also nearby, placing the site within an area described as having ongoing development and heavy traffic exposure.
This configuration may support a range of industrial and related uses, with the buyer responsible for confirming zoning requirements and allowable uses.
The property is located at 3110–3118 S Shields Avenue in Chicago, with proximity to Chinatown, downtown Chicago, and major nearby routes including I-90/94 and I-55. Guaranteed Rate Field is also nearby, placing the site within an area described as having ongoing development and heavy traffic exposure.
This configuration may support a range of industrial and related uses, with the buyer responsible for confirming zoning requirements and allowable uses.
Key Highlights
- Two vacant industrial lots included: one standard 25x124 lot and one extra‑wide 50x124 lot
- Both lots are zoned M1‑2
- Suitable for buyer‑verified uses such as commercial, warehouse, storage, contractor, or mixed‑use
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,600
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
Market
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial land - Two vacant industrial lots are offered, including one standard and one extra-wide parcel, zoned M1-2.
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 $1,500,000.
What are key features of this property?
This property features: Two vacant industrial lots included: one standard 25x124 lot and one extra‑wide 50x124 lot; Both lots are zoned M1‑2; Suitable for buyer‑verified uses such as commercial, warehouse, storage, contractor, or mixed‑use
