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- LoopNet Team
1001 W Jackson Blvd
Chicago, IL 60607
Jackson & Morgan · Land For Sale
·
0.41 AC
Investment Highlights
- 18,000 SF of land on a corner, lighted intersection
- Existing tenant lease in place until July 2027 allowing for ample time to conduct entitlement process for redevelopment plans
- Ability to upzone
- Situated within a 'gas station desert" - providing for significant upside potential
Property Facts
| Property Type | Land | Total Lot Size | 0.41 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Proposed Use | Commercial | ||
| Zoning | DS-3 - Currently Zoned DS-3, “Downtown Service District” with potential for rezoning to a DX, Downtown Mixed-Use District or DR, Downtown Residential | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 0.41 AC |
| No. Stories | 1 |
| Zoning | DS-3 - Currently Zoned DS-3, “Downtown Service District” with potential for rezoning to a DX, Downtown Mixed-Use District or DR, Downtown Residential |
Description
- Situated in a high-demand area with excellent connectivity and proximity to major transport links, retail hubs, and amenities - The West Loop is one of Chicago’s most sought-after neighborhoods, known for its thriving restaurant scene, boutique shops, art galleries, and proximity to the central business district. The area has seen substantial growth and redevelopment in recent years, making it a hub for innovation and urban living. - Excellent access to public transportation with nearby CTA bus routes and close proximity to the UIC-Halsted Blue Line station. The location also benefits from easy access to major highways, including I-90/I-94 and I-290, facilitating quick commutes to and from the city.
Property Taxes
| Parcel Number | 17-17-224-032-0000 | Improvements Assessment | $750 |
| Land Assessment | $450,000 | Total Assessment | $450,750 |
Property Taxes
