Search
Oversized Lot in Southport Corridor
For Sale
Contact for pricing

1236 W Melrose St, Chicago, IL 60657

Rare 5,050 SF lot in prime Southport Corridor location.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market1168

Property Features for 1236 W Melrose St

General Information

Standard status Active
Lot size 0.12 Acres
Property subtype Land
Zoning R4
Listing Agency: Jameson Commercial Real Estate
Listed By: Matt Leutheuser · License #475145245
Source: Crexi
Added: May 31, 2023 Changed: Aug 8 Last Checked: Aug 8 at 11:30AM

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 Jameson Commercial Real Estate

Investment Insights

Based on property information with market context.

This is an opportunity to acquire an oversized 5,050 square foot lot suitable for an end user or developer. The property, identified as Lot 12 in the survey, is located in the Southport Corridor, offering proximity to Margaret Donahue park, shops, and restaurants in Lakeview. It is situated within the Burley elementary school district. An adjacent parcel of 6,350 square feet is also available for purchase, which would create a combined area of 11,400 square feet with R4 zoning.

Key Highlights

  • Oversized 5,050 sq ft lot in prime Southport Corridor location.
  • Opportunity to design and build a custom dream home.
  • Located steps from Margaret Donahue park and Lakeview's best shops and restaurants.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

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

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

5,153
Businesses Nearby

Demographics for 60657, IL

72,316
Population
42,246
Households
1.7
Avg Household Size
32
Median Age
87%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
32,871
Density / Sq Mi
$109,025
Median Household Income
$77,731
Median Earnings
$1,839
Median Rent
$534,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Rare 5,050 SF lot in prime Southport Corridor location.
Where is this residential land & home lot located?
The property is located at 1236 W Melrose St Chicago, IL.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: Oversized 5,050 sq ft lot in prime Southport Corridor location.; Opportunity to design and build a custom dream home.; Located steps from Margaret Donahue park and Lakeview's best shops and restaurants.
(312) 929-1562 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message