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$ 1,500,000
Est. payment | /mo
3,049 Sqft Lot
$ 1,500,000
Est. payment | /mo
3,049 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12434064
Annual Tax Amount $9,786
Tax Year 2023
Lot Size 3,049 Sqft
Lot Dimensions 110x107.25
Property Sub-Type Land
Property Description
1 E. CERMAK ROAD is a 15,410 square foot development site is available for sale. This site is located in an Opportunity Zone. Under its current zoning, the property could be developed as retail, a mixed-use TOD building, an office and more. The site is close to the 62-acre riverfront development known as "The 78", which is now planned to be developed as a soccer stadium for the Chicago Fire, it is possible that an intermediate use would be parking. McCormick Place, Wintrust Arena, historic Motor Row, Chinatown and a several new and exciting developments and rehabs.
Location
State IL
County Cook
Area Chi - Near South Side
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Daniel Hyman of Millennium Properties RE, Inc.
Nearby School & Business
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