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Office Building Redevelopment Site
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830 West Diversey Parkway, Chicago, IL 60614

For-sale office redevelopment opportunity on covered land in a supply-constrained neighborhood.

Property Size20,109 SF
Days on Market115

Property Features for 830 West Diversey Parkway

General Information

Standard status Active
Size 20,109 SF
Property subtype Multifamily, Office, Special Purpose
Zoning B3-2

Building Details

Year Built 1988
Listing Agency: Colliers - Chicago Downtown, Illinois
Listed By: Tyler Hague, LEED AP · License #471009171
Source: Crexi
Added: Apr 21 Changed: Aug 8 Last Checked: Aug 11 at 6:33PM

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 Colliers - Chicago Downtown, Illinois

Investment Insights

Based on property information with market context.

This for-sale property presents a covered land redevelopment opportunity featuring an office building component, positioned for investors and developers looking to reposition the site. The property comprises approximately 20,109 square feet, offering a straightforward platform for a thoughtful redevelopment plan.

Located at 830 West Diversey Parkway in Chicago, IL 60614, the asset is marketed as a high-barrier, supply-constrained neighborhood. The existing improvements provide a starting point for redevelopment, with the covered land configuration supporting flexible project planning within the site footprint.

Key Highlights

  • Office redevelopment opportunity on covered land
  • Built in 1988

Property Analytics

Current Use

Elan Volchenko Medical School Kew-jung Lee, MD Pediatrician Pelvic Rejuvenation Center Medical Clinic Chicago Gynecology and Fibroid ... Physician Rena J. Ali, ... Pediatrician

Suggested Use

Top Pick Food Market Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store Barber Shop Auto Parts Store

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

6,219
Businesses Nearby

Demographics for 60614, IL

73,173
Population
38,089
Households
1.9
Avg Household Size
31
Median Age
86%
College-Educated
98%
High-School Grad
3.2 sq mi
ZIP Area
22,867
Density / Sq Mi
$139,561
Median Household Income
$86,386
Median Earnings
$2,019
Median Rent
$730,700
Median Home Value

Market

Vacancy Rate% for Office in Chicago, IL

17.9% 2019
19.2% 2020
20.7% 2021
23.1% 2022
23.3% 2023
25.1% 2024
25.6% 2025
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Frequently Asked Questions

What type of property is this?
Office building - For-sale office redevelopment opportunity on covered land in a supply-constrained neighborhood.
Where is this office building located?
The property is located at 830 West Diversey Parkway Chicago, IL.
What are key features of this property?
This property features: Office redevelopment opportunity on covered land; Built in 1988
More about this property
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