Listing Agency: Jameson Commercial Real Estate

Listed By: Mark Kishtow · License #IL 471010965 Show Phone

Source: Crexi

Added: Jan 30, 2025 Changed: Oct 3 Last Checked: Oct 23 at 7:04AM

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Investment Insights

Based on property information with market context.

This development opportunity is located near the corner of Western Avenue and Foster Avenue in Chicago’s Lincoln Square neighborhood. The property consists of six contiguous lots with 156 feet of frontage on Western Avenue and a depth of 114 feet. Building access is available on the west side of the property. The location provides access to Lake Michigan (Foster Beach), Lincoln Square shops, and Andersonville restaurants. The property is within walking distance of the Western and Lawrence Brown Line stations.

Key Highlights

• Highly visible development opportunity in Lincoln Square.
• Six contiguous lots with 156' frontage on Western Ave.
• Easy access to Lake Michigan (Foster Beach), Lincoln Square shops, and Andersonville restaurants.

Property Analytics

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Open Analytics

Suggested Use

Top Pick Law Firm Garden Center Building Supply Catering Service (Bike/Boat/Book/etc) Store Food Market

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

3,194

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 - Highly visible development opportunity in Chicago's Lincoln Square neighborhood.

Where is this commercial land located?

The property is located at 5130-5142 N Western Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $2,700,000.

What are key features of this property?

This property features: Highly visible development opportunity in Lincoln Square.; Six contiguous lots with **156' frontage on Western Ave**.; Easy access to Lake Michigan (Foster Beach), Lincoln Square shops, and Andersonville restaurants.