Listing Agency: Infiniti Properties, Inc. 708-856-5100 Overview Other property details Taxes $3,866 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Rima Odeh with Infiniti Properties, Inc. 708-856-5100

Listed By: Rima Odeh · License #475102798 Show Phone

Source: Dawnmckennagroup

Added: Mar 11 Changed: Sep 8 Last Checked: Sep 10 at 8:27AM

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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 Infiniti Properties, Inc. 708-856-5100 Overview Other property details Taxes $3,866 Tax Frequency Annually Coldwell Banker Dawn McKenna Group Request a tour Contact agent Request a tour Contact agent Listed by Rima Odeh with Infiniti Properties, Inc. 708-856-5100

Investment Insights

Based on property information with market context.

This offering is a vacant commercial lot in Chicago’s Avalon Park business district, totaling approximately 9,375 square feet and measuring about 75 by 125 feet. The site provides approximately 75 feet of frontage on busy Stony Island and includes access to flexible development options under B3-2 zoning, which allows for a variety of retail and commercial uses, as well as mixed-use building possibilities.

The lot is positioned just off the southwest corner of 83rd St and Stony Island Ave. It is described as being surrounded by national and regional retailers, and the property’s Stony Island frontage is supported by an indicated traffic count of 47,000.

The sale is associated with three parcel pin numbers: 28, 29, and 30, and addresses listed as 8314, 8316, and 8317.

Key Highlights

• +/- 9,375 SF vacant lot in Chicago’s Avalon Park business district
• 75' frontage on busy Stony Island with an approximately 47,000 traffic count
• Located just off the southwest corner of 83rd St and Stony Island Ave

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Law Firm Gym & Fitness Center HVAC Service Building Supply Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

47,000 VPD

Traffic count

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

1,164

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Vacant lot with 75 feet of frontage on Stony Island, zoned B3-2 for a variety of retail and commercial uses.

Where is this commercial land located?

The property is located at 8314 S Stony Island Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $199,000.

What are key features of this property?

This property features: +/- 9,375 SF vacant lot in Chicago’s Avalon Park business district; 75' frontage on busy Stony Island with an approximately 47,000 traffic count; Located just off the southwest corner of 83rd St and Stony Island Ave