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Industrial Land on Lake Street
New
For Sale
$125,000

4055 W Lake Street, Chicago, IL 60624

Vacant parcel with PMD-9 zoning along a commercial corridor in Chicago.

Property SizeContact for details
Days on Market6

Property Features for 4055 W Lake Street

General Information

Standard status Active
Property subtype Unimproved Land

Site & Location

Neighborhood West Garfield Park
Listing Agency: Century 21 S.G.R., Inc.
Listed By: Steven Powers · License #475146920
Source: Chicago-home-listings.kw
Added: Oct 27 Changed: Oct 31 Last Checked: Nov 1 at 2:32AM

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 Century 21 S.G.R., Inc.

Rey
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Investment Insights

Based on property information with market context.

This vacant industrial land parcel contains approximately 8,000 square feet and is zoned PMD-9, a Planned Manufacturing District designation. Potential applications include contractor, equipment, or vehicle storage, as well as future development, subject to applicable zoning requirements and approvals.

The property fronts W Lake Street in Chicago. Downtown Chicago, major expressways, public transportation, and commercial districts are identified as accessible from the site.

Key Highlights

  • Approximately 8,000‑square‑foot vacant parcel
  • PMD‑9 zoning: Planned Manufacturing District
  • Located along W Lake Street in Chicago

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom Carpet & Flooring Store

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

971
Businesses Nearby

Demographics for 60624, IL

37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Industrial land - Vacant parcel with PMD-9 zoning along a commercial corridor in Chicago.
Where is this industrial land located?
The property is located at 4055 W Lake Street Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Approximately 8,000‑square‑foot vacant parcel; PMD‑9 zoning: Planned Manufacturing District; Located along W Lake Street in Chicago
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Includes: Price & PSF · Cap rate · Location · Zoning

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