Listing Agency: SLIB Senior Living Investment Brokerage

Listed By: Vincent Viverito · License #IL 471020059

Source: Crexi

Added: Apr 12 Changed: Sep 2 Last Checked: Sep 3 at 9:52AM

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Investment Insights

Based on property information with market context.

This commercial land parcel at 902 N Ashland Ave measures 112 by 25 feet and is zoned B1-2. Demolition permits have been procured, providing an established starting point for future site planning.

The property is located in Chicago’s West Town and offers an eastern-facing view toward the Chicago skyline. The offering also includes a 99-year ground lease structure; monthly ground rent is excluded from this summary.

Key Highlights

• 112 x 25 commercial land parcel
• B1‑2 zoning
• Demolition permits procured

Property Analytics

Property Profile

Current Use

NewMarket Services Advertising Agency

Suggested Use

Top Pick Nursing Home Carpet & Flooring Store (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care Bed & Breakfast

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

4,276

Businesses Nearby

Explore this area Business Placement

Demographics for 60622, IL

55,075

Population

27,630

Households

2

Avg Household Size

33

Median Age

73%

College-Educated

94%

High-School Grad

2.5 sq mi

ZIP Area

22,030

Density / Sq Mi

$124,852

Median Household Income

$76,180

Median Earnings

$1,932

Median Rent

$622,900

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Commercial land - B1-2-zoned infill parcel with demolition permits already procured and eastern skyline views.

Where is this commercial land located?

The property is located at 902 N Ashland Ave Chicago, IL.

What are key features of this property?

This property features: 112 x 25 commercial land parcel; B1‑2 zoning; Demolition permits procured