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2405 W Grand Ave
Chicago, IL 60612
SWC Grand and Western Ave · Land For Sale · 0.26 AC

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INVESTMENT HIGHLIGHTS

  • Development Opportunity
  • TOD Location
  • Entitled Property
  • Price Reduction

PROPERTY FACTS

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Restaurant
Total Lot Size 0.26 AC
Zoning C1-3 - The site, is zoned C1-3 allowing for residential with ground floor retail mixed-used up to 3.0 FAR.

1 LOT AVAILABLE

Lot

Lot Size 0.26 AC

Spanning approximately 11,248 square feet across three parcels with 125 feet of frontage on Grand Avenue located at the Western Avenue Intersection on the South West corner.

DESCRIPTION

The property at 2405 W Grand Ave, Chicago, IL 60612 presents a prime infill development opportunity in one of Chicago’s rapidly evolving mixed-use corridors. Spanning approximately 11,248 square feet across three parcels with 125 feet of frontage on Grand Avenue, the site offers excellent visibility and access in the West Town area—just west of the booming Fulton Market District. Recently rezoned from M1-2 to C1-3, the site now allows for a range of residential, commercial, and mixed-use development possibilities. The C1-3 zoning permits up to 3.0 FAR, enabling a developer to potentially construct over 33,000 buildable square feet, making it ideal for boutique apartment buildings, retail with residential above, or live/work lofts—options that cater to the neighborhood’s growing demand for modern urban living. This area of West Town is known for its blend of light industrial roots and new creative uses, with a surge in residential, hospitality, and retail development. Proximity to major employment hubs, transportation corridors, and some of Chicago’s most dynamic neighborhoods makes this a strategic and timely investment opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 16-12-220-029-0000
  • 16-12-220-019-0000
  • 16-12-220-016-0000
Land Assessment
$14,717
Improvements Assessment
$0
Total Assessment
$14,717
  • Listing ID: 38096982

  • Date on Market: 10/16/2025

  • Last Updated:

  • Address: 2405 W Grand Ave, Chicago, IL 60612

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