Land in Chicago, IL — Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Commercial Land
  • Location: Chicago, IL 60605

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Description

1.28 AC Available for Sale | Full or Half Site Available We are pleased to offer this 1.28 acre site for sale, situated between the Loop and South Loop neighborhoods of Chicago. The site can be purchased as a whole or it can be divided into two sites. Buyers have the option to acquire the entire site, which allows for the development of 486 units, or approximately half of the site (+/- 27,863 SF), which allows for the development of up to 243 units. Size: 27,863 SF - 55,897 SF Acres: 0.64 - 1.28 Acres Zoning: DX-12 Ward / Alderman: 4th Ward / Lamont Robinson Community: Loop / South Loop Parking Income: +/- $318,000 annually Taxes: $532,147 (2024) PINS: 17-15-300-001 thru -012 North Site: 17-15-300-001 thru -004 South Site: 17-15-300-005 thru -012 Price: $9,000,000 per site ZONING HIGHLIGHTS ▬ DX-12 Downtown Mixed-Use District ▬ Promotes vertical mixed-use development with commercial ground floor, dwelling, and multiple uses above grade. ▬ Maximum base FAR is 12.0 ▬ 115 SF per dwelling unit per lot area ▬ The entire site permits 486 units (243 units per half of site)

Market Context

This land in Chicago, IL is listed for sale. Compare it against other land listings for sale in Chicago, IL — view the full market.

First seen on CREHunt: Sep 27, 2026

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