Grant Park Development
For Sale
Contact for pricing
410 South Wabash Avenue, Chicago, IL 60605
Pad-ready site in The Loop for high-density development.
Property Size27,443 SF
Lot Size0.63 Acres
Days on Market151
Property Features for 410 South Wabash Avenue
General Information
Standard status
Active
Size
27,443 SF
Lot size
0.63 Acres
Property subtype
Land
Listing Agency:
CBRE | Chicago
(312) 935-1481
Listed By:
Tom Svoboda
(312) 935-1481
Source:
Cbre
Added: Mar 25
Changed: Aug 15
Last Checked: Aug 22 at 8:34AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This is a rare development opportunity in Grant Park, located at the corner of Wabash and Van Buren. The property features a large, 27,443 square foot urban footprint with a rectangular shape. The site has DX-16 zoning, the densest zoning district in Chicago, allowing for the construction of up to 399 units without affordable housing requirements. The pad-ready development site has undergone substantial site work, including demolition, scraping, and preparation for vertical construction. The vaulted alley to the west and the vaulted sidewalks to the north and east have been filled and restored. Deep foundations (caissons) are in place for a proposed 344-unit, 25-story high-rise. The location is within an affluent pocket of The Loop, with an average household income of $182,563 within a one-mile radius. It is within walking distance of the West Loop and River North. The property is a Super Transit Oriented Development (TOD) location, in close proximity to the Harold Washington CTA Station, Harrison Street CTA Station, and access to Ida B. Wells Drive.
Key Highlights
- Pad‑ready development site with deep foundations (caissons) already in place for a 344‑unit, 25‑story high‑rise.
- DX‑16 zoning allows for building up to 399 units with no affordable housing requirements.
- Large, 27,443 SF rectangular urban footprint ideal for efficient development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26,279
Businesses Nearby
Explore this area
Business Placement
Demographics for 60605, IL
34,071
Population
20,478
Households
1.7
Avg Household Size
34
Median Age
82%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
24,336
Density / Sq Mi
$118,403
Median Household Income
$82,091
Median Earnings
$2,402
Median Rent
$495,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Pad-ready site in The Loop for high-density development.
Where is this commercial land located?
The property is located at 410 South Wabash Avenue Chicago, IL.
What are key features of this property?
This property features: Pad‑ready development site with deep foundations (caissons) already in place for a 344‑unit, 25‑story high‑rise.; DX‑16 zoning allows for building up to 399 units with no affordable housing requirements.; Large, 27,443 SF rectangular urban footprint ideal for efficient development.
