Listing Agency: Century 21 S.G.R., Inc. l***@gmail.com Show Phone

Listed By: Luminita Ispas · License #IL

Source: Crexi

Added: Aug 27, 2021 Changed: Aug 19 Last Checked: Aug 19 at 11:09PM

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Investment Insights

Based on property information with market context.

This unique property in West Loop features an extra-long yard measuring 25x188. The zoning is C2-3, which allows for the construction of a large condominium building. Currently, there is a single-family home on the property. This presents an opportunity for buyers to reside in the existing home while planning for future development of a condo building.

Key Highlights

• Extra‑long yard (25x188) - largest in West Loop.
• C2‑3 zoning allows for large condo building development.
• Single‑family home is move‑in ready.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Restaurant Bed & Breakfast Tanning Salon Veterinary 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

6,803

Businesses Nearby

Explore this area Business Placement

Demographics for 60607, IL

31,816

Population

16,540

Households

1.9

Avg Household Size

31

Median Age

81%

College-Educated

97%

High-School Grad

2.3 sq mi

ZIP Area

13,833

Density / Sq Mi

$126,307

Median Household Income

$79,870

Median Earnings

$2,333

Median Rent

$494,300

Median Home Value

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Commercial land - Unique West Loop property with development potential and existing home.

Where is this commercial land located?

The property is located at 1530 W Monroe St Chicago, IL.

What is the asking price?

The asking price for this property is $1,499,000.

What are key features of this property?

This property features: Extra‑long yard (25x188) - largest in West Loop.; C2‑3 zoning allows for large condo building development.; Single‑family home is move‑in ready.