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Commercial Land With Vacant Building
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3500 S Giles Avenue, Chicago, IL 60609

Vacant building on a redevelopment site near transit, lakefront recreation, retail, schools, and sports entertainment.

Property SizeContact for details
Days on Market16

Property Features for 3500 S Giles Avenue

General Information

Standard status Active
Property subtype Senior Living, Special Purpose
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Dan Reynolds · License #IL
Source: Crexi
Added: Sep 9 Changed: Sep 20 Last Checked: Sep 24 at 8:13AM

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 JLL Chicago | Americas Headquarters

Investment Insights

Based on property information with market context.

This commercial land offering includes a vacant building that was most recently used as a children’s shelter. The property is positioned for redevelopment, with multifamily, student housing, and medical or nursing facility concepts identified in the property information.

The site is near Guaranteed Rate Field and within a fifteen-minute walk of Metra, CTA Red Line, and CTA Green Line stations. It is also located just blocks from the lakefront, with nearby parks and entertainment options. Additional walkable amenities include a grocery store, Divvy bike-sharing stations, schools, restaurants, and retail along the 35th Street corridor. The property is also near the proposed Burnham Lakefront development at the former Michael Reese Hospital site.

Key Highlights

  • Commercial land with a vacant building
  • Building most recently operated as a children’s shelter
  • Within a fifteen‑minute walk of Metra, CTA Red Line, and CTA Green Line stations

Property Analytics

Current Use

All Faith Pavilion Retirement Community

Suggested Use

Top Pick Dental Office HVAC Service Law Firm (Bike/Boat/Book/etc) Store Bakery Building Supply

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

1,412
Businesses Nearby

Demographics for 60609, IL

65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant building on a redevelopment site near transit, lakefront recreation, retail, schools, and sports entertainment.
Where is this commercial land located?
The property is located at 3500 S Giles Avenue Chicago, IL.
What are key features of this property?
This property features: Commercial land with a vacant building; Building most recently operated as a children’s shelter; Within a fifteen‑minute walk of Metra, CTA Red Line, and CTA Green Line stations
More about this property
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