Industrially-Zoned Redevelopment
For Sale
Contact for pricing
3501 South Laramie Avenue, Cicero, IL 60804
Large contiguous parcel suitable for logistics, distribution, manufacturing, or mixed industrial redevelopment and expansion planning.
Property SizeContact for details
Lot Size108.00 Acres
Days on Market65
Property Features for 3501 South Laramie Avenue
General Information
Standard status
Active
Lot size
108.00 Acres
Property subtype
Industrial, Land, Special Purpose
Zoning
I-2 (Heavy Industrial District)
Additional Details
Business Included
Yes
Highway Access
Yes
Listing Agency:
Hilco Global
Listed By:
Stephen Madura · License #475147713
Source:
Crexi
Added: Jun 5
Changed: Aug 8
Last Checked: Aug 8 at 1:42PM
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 Hilco Global
Investment Insights
Based on property information with market context.
Hawthorne Race Course is a long-operating sports and entertainment property, presented for sale either as a going-concern or as a redevelopment opportunity. The offering includes a contiguous industrially-zoned land parcel totaling 108± acres. Its scale and ability to accommodate multiple industrial concepts are central to the overall redevelopment premise.
The property is located just south of the Industrial Corridor along Roosevelt/Cicero, with a prominent positioning described in the offering materials. The site is marketed as having immediate highway access and strategic alignment to major transportation infrastructure.
For buyers and operators, the asset’s combination of industrial zoning, a hard-to-replicate contiguous land mass, and transportation access supports use planning across modern logistics, distribution, manufacturing, or mixed industrial applications. The sale process is subject to approval by U.S. Bankruptcy Court, Northern District of Illinois (Eastern Division), Petition No. 1:26-bk-03505, In re: Hawthorne Race Course, Inc., with bids due by June 26 and on-site inspections available by appointment only.
The property is located just south of the Industrial Corridor along Roosevelt/Cicero, with a prominent positioning described in the offering materials. The site is marketed as having immediate highway access and strategic alignment to major transportation infrastructure.
For buyers and operators, the asset’s combination of industrial zoning, a hard-to-replicate contiguous land mass, and transportation access supports use planning across modern logistics, distribution, manufacturing, or mixed industrial applications. The sale process is subject to approval by U.S. Bankruptcy Court, Northern District of Illinois (Eastern Division), Petition No. 1:26-bk-03505, In re: Hawthorne Race Course, Inc., with bids due by June 26 and on-site inspections available by appointment only.
Key Highlights
- 108± contagious AC industrially‑zoned parcel with redevelopment and expansion planning options
- Operating for over 135 years; can be sold as a going‑concern or for redevelopment
- Located just south of the Industrial Corridor—Roosevelt/Cicero
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Explore this area
Business Placement
Demographics for 60804, IL
85,673
Population
26,738
Households
3.2
Avg Household Size
32
Median Age
11%
College-Educated
68%
High-School Grad
7.1 sq mi
ZIP Area
12,067
Density / Sq Mi
$68,548
Median Household Income
$36,786
Median Earnings
$1,121
Median Rent
$236,000
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Race track - Large contiguous parcel suitable for logistics, distribution, manufacturing, or mixed industrial redevelopment and expansion planning.
Where is this race track located?
The property is located at 3501 South Laramie Avenue Cicero, IL.
What are key features of this property?
This property features: 108± contagious AC industrially‑zoned parcel with redevelopment and expansion planning options; Operating for over 135 years; can be sold as a going‑concern or for redevelopment; Located just south of the Industrial Corridor—Roosevelt/Cicero
