Listing Agency: Transwestern Chicago Show Phone

Listed By: David P. Kimball · License #IL 475131819

Source: Crexi

Added: Apr 19, 2017 Changed: Aug 8 Last Checked: Jul 16 at 4:59AM

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Investment Insights

Based on property information with market context.

This 11-acre greenfield development site is located at 5451 N Western in Chicago’s Andersonville/Lincoln Square neighborhood. The property has 536 feet of frontage on Western and 700 feet on Bowmanville, offering brand visibility. Permitted uses for the site are restricted to school, retirement and nursing home, healthcare facility, and church use.

Property Analytics

Property Profile

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Storage Facility

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

2,985

Businesses Nearby

Explore this area Business Placement

Demographics for 60625, IL

76,525

Population

33,932

Households

2.3

Avg Household Size

36

Median Age

54%

College-Educated

87%

High-School Grad

3.8 sq mi

ZIP Area

20,138

Density / Sq Mi

$85,299

Median Household Income

$48,314

Median Earnings

$1,455

Median Rent

$396,700

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - 11-acre greenfield development site in Chicago's Andersonville/Lincoln Square.

Where is this commercial land located?

The property is located at 5451 N Western Ave Chicago, IL.

What is the asking price?

The asking price for this property is $17,256,645.