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Signalized Corner Commercial Land
For Sale
$600,000
Pending

8307 South Chicago Ave, Chicago, IL 60617

Vacant C1-2 commercial land with an existing structure and retail redevelopment potential.

Property SizeContact for details
Days on Market382

Property Features for 8307 South Chicago Ave

General Information

Standard status Pending

Taxes and HOA fees

Annual Taxes $38,380
Listing Agency: NA Commercial Real Estate Inc
Listed By: Noman Khan · License #471022035
Source: Exprealty
Added: Oct 1, 2025 Changed: Oct 2 Last Checked: Oct 16 at 12:10PM

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 NA Commercial Real Estate Inc

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Investment Insights

Based on property information with market context.

This commercial land parcel comprises approximately 30,600 SF and includes an existing 2,562 SF structure. The property is vacant, requires TLC, and is being offered in its current as-is condition. The structure formerly housed a KFC, providing an established building component within the offering.

Located at 8307 South Chicago Ave in Chicago, the site occupies a corner at a traffic signal intersection. C1-2 zoning supports a range of commercial uses, subject to applicable approvals. The existing improvements and land area provide a combination of redevelopment opportunity and an on-site structure for evaluation.

Key Highlights

  • Approximately 30, 600 SF commercial land site
  • Existing 2, 562 SF structure
  • C1‑2 zoning

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Gym & Fitness Center Skin Care Clinic

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

1,073
Businesses Nearby
17k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 19%
BP Shops & Services
9,108 visits/mo 0.5 miles
SUBWAY Dining
3,201 visits/mo 0.4 miles
Jiffy Lube Shops & Services
3,025 visits/mo 0.1 miles
Public Storage Shops & Services
944 visits/mo 0.2 miles
CubeSmart Self Storage Shops & Services
587 visits/mo 0.0 miles

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant C1-2 commercial land with an existing structure and retail redevelopment potential.
Where is this commercial land located?
The property is located at 8307 South Chicago Ave Chicago, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Approximately 30, 600 SF commercial land site; Existing 2, 562 SF structure; C1‑2 zoning
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