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Redevelopment Site Near Midway Airport
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5426 S Lockwood Ave, Chicago, IL 60638

Three-acre redevelopment site with 44,000 SF of buildings.

Property Size44,000 SF
Lot Size3.00 Acres
Price / SF$52.16
Days on Market1578

Property Features for 5426 S Lockwood Ave

General Information

Standard status Active
Size 44,000 SF
Lot size 3.00 Acres
Property subtype Special Purpose

Building Details

Year Built 1922
Listing Agency: Friedman Real Estate IL LLC
Listed By: Victor Lewis · License #IL 471018273
Source: Crexi
Added: Apr 5, 2022 Changed: Jul 10 Last Checked: Jul 30 at 5:13PM

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 Friedman Real Estate IL LLC

Investment Insights

Based on property information with market context.

This property, formerly the St. Camillus campus, includes a church and school on approximately three acres of land. The site features approximately 44,000 square feet of buildings. Situated across the street from Midway Airport on a major east/west corridor, this property represents a rare large redevelopment opportunity. Multiple deed restrictions apply, and rezoning is possible.

Key Highlights

  • Large redevelopment site (+/- 3 acres with +/- 44,000 sf of buildings).
  • Rare opportunity due to size and location.
  • Located across the street from Midway Airport.

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Gym & Fitness Center Garden Center Bakery

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

527
Businesses Nearby

Demographics for 60638, IL

56,928
Population
21,636
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
84%
High-School Grad
11.1 sq mi
ZIP Area
5,129
Density / Sq Mi
$89,191
Median Household Income
$50,902
Median Earnings
$1,327
Median Rent
$283,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Church & religious facility - Three-acre redevelopment site with 44,000 SF of buildings.
Where is this church & religious facility located?
The property is located at 5426 S Lockwood Ave Chicago, IL.
What is the asking price?
The asking price for this property is $2,295,000.
What are key features of this property?
This property features: Large redevelopment site (+/- 3 acres with +/- 44,000 sf of buildings).; Rare opportunity due to size and location.; Located across the street from Midway Airport.
More about this property
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