Property summary
This exceptional 4.71-acre commercial land parcel presents a remarkable opportunity for retail development in Chicago, Illinois. Located at 6153 S Western Ave, in the 60636 zip code, this property boasts unparalleled visibility on a busy thoroughfare, just minutes east of Midway Airport. Its strategic position within the established Western Avenue retail corridor ensures high traffic volume and excellent exposure for any commercial venture. The site benefits from several advantageous designations, including Enterprise Zone 6, Special Service Area #3, and Neighborhood Opportunity Fund participation. Furthermore, its location may qualify for the Invest Southwest Incentive, a Federal Opportunity Zone program offering significant tax benefits. The property's zoning allows for flexibility in development, with potential classifications including Class 6(b)/Class 7(a) or 7(b)/ or Class 8. This prime location, coupled with the substantial tax incentives and development potential, makes this a truly exceptional investment opportunity. Detailed zoning information and development guidelines are readily available upon request. Don't miss this chance to secure a premier retail site in a thriving Chicago neighborhood.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Dental Office
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Dental Office
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Dental Office
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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