Listing Agency: Baum Realty Group b***@cawleycre.com Show Phone

Listed By: Zach Pruitt · License #471.013723

Source: Crexi

Added: Mar 12 Changed: Aug 8 Last Checked: Aug 21 at 10:15AM

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Investment Insights

Based on property information with market context.

The property at 4801 W. Chicago Avenue consists of an approximately 32,931.25 square foot (0.76 acres) land site. It features four existing single-story buildings and one existing three-story building, totaling approximately 25,904 square feet. Located in Chicago’s Austin neighborhood, the property is being sold AS-IS, WHERE-IS, and offers potential for development or redevelopment in a rapidly appreciating neighborhood.

Key Highlights

• Large 0.76 acre land site.
• Development/redevelopment potential.
• Located in a rapidly appreciating neighborhood.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Computer & Electronic Repair

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

1,026

Businesses Nearby

Explore this area Business Placement

Demographics for 60651, IL

62,819

Population

22,885

Households

2.7

Avg Household Size

36

Median Age

16%

College-Educated

77%

High-School Grad

3.5 sq mi

ZIP Area

17,948

Density / Sq Mi

$52,963

Median Household Income

$33,783

Median Earnings

$1,186

Median Rent

$262,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 0.76-acre land site with redevelopment potential in Chicago's Austin neighborhood.

Where is this commercial land located?

The property is located at 4801 W Chicago Ave Chicago, IL.

What are key features of this property?

This property features: Large 0.76 acre land site.; Development/redevelopment potential.; Located in a rapidly appreciating neighborhood.