High-Exposure Urban Land
For Sale
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640 West Washington Boulevard, Chicago, IL 60661
35,000+ SF land site in Chicago's West Loop/Fulton Market.
Property Size35,667 SF
Lot Size0.82 Acres
Days on Market151
Property Features for 640 West Washington Boulevard
General Information
Standard status
Active
Size
35,667 SF
Lot size
0.82 Acres
Property subtype
Land
Listing Agency:
CBRE | Chicago
(312) 935-1481
Listed By:
Tom Svoboda
(312) 935-1481
Source:
Cbre
Added: Mar 25
Changed: Aug 16
Last Checked: Aug 22 at 8:01AM
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 CBRE | Chicago
Investment Insights
Based on property information with market context.
This 35,000+ SF land site is located at the hard corner of Washington Blvd. and Des Plaines St. The property is situated in the West Loop/Fulton Market neighborhood of Chicago, at the gateway of Fulton Market's Randolph Street retail and restaurant corridor. The location is near the I-90, with exposure to over 228,000 vehicles per day. The rectangular-shaped property is entitled for a mixed-use luxury residential project under a DX-7/11.5 zoning. The Planned Development (PD 1502) allows for 413 residential units, with 10 designated as affordable housing. The property is walkable to the Central Business District and other neighborhoods like River North. It is a short walk to Restaurant Row, Whole Foods, Mariano's, Ogilvie Transportation Center, and the CTA Clinton Station. The property is fully entitled for a residential project, with designed plans by HPA. A new buyer may choose to redesign the building.
Key Highlights
- Fully entitled for a substantial mixed‑use luxury residential project (413 units) under DX‑7/11.5 zoning, significantly reducing development time and risk.
- Prime West Loop/Fulton Market location, a rapidly growing and amenity‑rich area walkable to the Central Business District and other popular neighborhoods.
- High‑exposure site with over 228,000 vehicles per day due to its location bound by I‑90.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
24,887
Businesses Nearby
Explore this area
Business Placement
Demographics for 60661, IL
11,987
Population
8,049
Households
1.5
Avg Household Size
32
Median Age
88%
College-Educated
99%
High-School Grad
0.3 sq mi
ZIP Area
39,957
Density / Sq Mi
$138,831
Median Household Income
$105,935
Median Earnings
$2,403
Median Rent
$397,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 35,000+ SF land site in Chicago's West Loop/Fulton Market.
Where is this commercial land located?
The property is located at 640 West Washington Boulevard Chicago, IL.
What are key features of this property?
This property features: Fully entitled for a substantial mixed‑use luxury residential project (413 units) under DX‑7/11.5 zoning, significantly reducing development time and risk.; Prime West Loop/Fulton Market location, a rapidly growing and amenity‑rich area walkable to the Central Business District and other popular neighborhoods.; High‑exposure site with over 228,000 vehicles per day due to its location bound by I‑90.
