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Commercial Land

4817 W Parker Avenue, Chicago, IL 60639

For Sale
$349,000

Retail development potential combines with access to public transportation and the expressway.

Property SizeContact for details
Days on Market530

Property Features for 4817 W Parker Avenue

General Information

Standard status Active
Property subtype LAND

Site & Location

Neighborhood Cragin

Taxes and HOA fees

Annual Taxes $7,785
Listing Agency: Millennium Properties RE, Inc.
Listed By: Daniel Hyman · License #471013658
Source: Themovagroup
Added: May 29, 2025 Changed: Nov 8 Last Checked: Nov 8 at 7:39PM

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 Millennium Properties RE, Inc.

Rey
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Investment Insights

Based on property information with market context.

This commercial land offering is identified for potential retail development. Its position near the Cicero Avenue and Diversey Avenue intersection places it within reach of the Six Corners area. The site also has substantial frontage on Cicero Avenue.

Public transportation and expressway access are available nearby. The surrounding Belmont Cragin community is described as having a residential consumer base, population growth, and renewed investment.

Key Highlights

  • Retail development potential
  • Substantial frontage on Cicero Avenue
  • Near the Cicero Avenue and Diversey Avenue intersection

Property Analytics

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

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store Electrical Service

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

1,524
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Chicago

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Frequently Asked Questions

What type of property is this?
Commercial land - Retail development potential combines with access to public transportation and the expressway.
Where is this commercial land located?
The property is located at 4817 W Parker Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Retail development potential; Substantial frontage on Cicero Avenue; Near the Cicero Avenue and Diversey Avenue intersection
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