Land Development Parcel with
For Sale
Contact for pricing
509 W Elm Street, Chicago, IL 60622
Parcel zoned PD1006 Subarea B with an existing church building on-site, offered as a land-value development opportunity.
Property SizeContact for details
Days on Market121
Property Features for 509 W Elm Street
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
PD1006
Listing Agency:
Berkshire Hathaway HomeServices Chicago
(312) 944-8900
Listed By:
Robert Waldschmidt · License #IL
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Apr 11 at 6:38PM
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 Berkshire Hathaway HomeServices Chicago
Investment Insights
Based on property information with market context.
This parcel is offered for sale with an existing church building located on-site. The public remarks indicate the value is primarily in the land, with the highest and best use described as replacing the current structure with a more modern residential development.
The property is identified by a mailing address of 509 W. Elm Street. It is located across the street from CPS Jenner Academy of the Arts, in a neighborhood described as having new development across the street and in the immediate surrounding area.
Zoning is stated as PD1006 Residential Commercial Planned Development No. 1006, Subarea B. Prospective buyers are encouraged to conduct due diligence regarding redevelopment plans and zoning specifics.
The property is identified by a mailing address of 509 W. Elm Street. It is located across the street from CPS Jenner Academy of the Arts, in a neighborhood described as having new development across the street and in the immediate surrounding area.
Zoning is stated as PD1006 Residential Commercial Planned Development No. 1006, Subarea B. Prospective buyers are encouraged to conduct due diligence regarding redevelopment plans and zoning specifics.
Key Highlights
- Land‑value development opportunity with an existing church building on‑site
- Parcel is zoned PD1006 Residential Commercial Planned Development, Subarea B
- Property mailing address for the church building: 509 W. Elm Street
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 60622, IL
55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Church & religious facility - Parcel zoned PD1006 Subarea B with an existing church building on-site, offered as a land-value development opportunity.
Where is this church & religious facility located?
The property is located at 509 W Elm Street Chicago, IL.
What are key features of this property?
This property features: Land‑value development opportunity with an existing church building on‑site; Parcel is zoned PD1006 Residential Commercial Planned Development, Subarea B; Property mailing address for the church building: 509 W. Elm Street
