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Lincoln Square Development Opportunity
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4800 North Western Avenue, Chicago, IL 60625

Two-acre development site near Western Brown Line CTA station.

Property Size85,925 SF
Lot Size1.97 Acres
Days on Market138

Property Features for 4800 North Western Avenue

General Information

Standard status Active
Size 85,925 SF
Lot size 1.97 Acres
Property subtype Land
Listing Agency:
Listed By: Marcello Campanini
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Jul 16 at 1:57AM

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 Marcello Campanini

Investment Insights

Based on property information with market context.

This offering includes two and three-story buildings and a drive-thru, totaling 59,179 gross square feet, with 42,896 square feet above grade. The improvements are situated on a large 85,926 square foot land site at the entrance of Lincoln Square's main retail corridor. This rare two-acre development site is located in the heart of Lincoln Square and features a highly visible location. The site qualifies as a transit-oriented development (TOD) due to its proximity to the Western Brown Line CTA station. It offers a potential buildable floor area ratio (FAR) of up to 343,704 square feet if developed as a TOD. Fifth Third has expressed interest in returning to a new development on the site, potentially occupying approximately 2,800 square feet of corner space with high visibility, two drive-thru lanes, and one ATM lane.

Key Highlights

  • Rare 2‑acre development site in the heart of Lincoln Square.
  • Potential for up to 343,704 SF of Buildable FAR if a TOD Development.
  • Located at the entrance of Lincoln Square's main retail corridor.

Property Analytics

Current Use

Fifth Third Bank ... Bank MB Financial Bank Financial Advisor Brighton Park Community ... Park

Suggested Use

Top Pick Garden Center Computer & Electronic Repair Home Appliance Store Butcher Catering Service (Bike/Boat/Book/etc) 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

3,787
Businesses Nearby

Demographics for 60625, IL

76,525
Population
33,932
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
87%
High-School Grad
3.8 sq mi
ZIP Area
20,138
Density / Sq Mi
$85,299
Median Household Income
$48,314
Median Earnings
$1,455
Median Rent
$396,700
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two-acre development site near Western Brown Line CTA station.
Where is this commercial land located?
The property is located at 4800 North Western Avenue Chicago, IL.
What are key features of this property?
This property features: Rare 2‑acre development site in the heart of Lincoln Square.; Potential for up to 343,704 SF of Buildable FAR if a TOD Development.; Located at the entrance of Lincoln Square's main retail corridor.
More about this property
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