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Truck Parking and Outside Storage Land
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3650 S Homan Ave, Chicago, IL 60632

Close-in industrial land currently used for truck parking and outside storage through a lease expiring Feb 2028.

Property SizeContact for details
Lot Size4.40 Acres
Days on Market58

Property Features for 3650 S Homan Ave

General Information

Standard status Active
Lot size 4.40 Acres
Property subtype LAND
Listing Agency: DarwinPW Realty/CORFAC International
Listed By: Edward Wabick, SIOR
Source: Moodyscre
Added: Jun 24 Changed: Aug 14 Last Checked: Aug 19 at 3:00PM

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 DarwinPW Realty/CORFAC International

Investment Insights

Based on property information with market context.

This close-in industrial land site is currently used for truck parking and outside storage. The property is offered for sale as an operating yard with an existing lease in place, and the current lease expires February 2028 with no renewal rights.

Located at 3650 S Homan Ave in Chicago, IL 60632, the asset is positioned for buyers looking for an in-place use tied to transportation and storage needs. The current operating arrangement provides near-term functionality while ownership transitions in the future.

For user-investors and operators, the property’s current configuration supports immediate truck parking and outside storage use through the lease term. For investors considering a longer horizon, the seller’s stated intent is to accommodate possible future redevelopment, subject to applicable approvals.

Key Highlights

  • Close‑in industrial land currently used for truck parking and outside storage
  • Lease in place for current use; expires February 2028 with no renewal rights
  • Listed as an investor/user opportunity with potential for future redevelopment

Property Analytics

Current Use

Palm Petroleum Gas Station MTZ TRUCKING SERVICES, ... Freight Service C-TEC Waste Management Facility

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Law Firm Daycare Center Garden Center

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

424
Businesses Nearby

Demographics for 60632, IL

92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
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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Frequently Asked Questions

What type of property is this?
Industrial land - Close-in industrial land currently used for truck parking and outside storage through a lease expiring Feb 2028.
Where is this industrial land located?
The property is located at 3650 S Homan Ave Chicago, IL.
What are key features of this property?
This property features: Close‑in industrial land currently used for truck parking and outside storage; Lease in place for current use; expires February 2028 with no renewal rights; Listed as an investor/user opportunity with potential for future redevelopment
(708) 220-5539 Call to check price and availability
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