2632 S Dearborn St
Chicago, IL 60616
Land For Sale · 1.11 AC

OPPORTUNITIES FOR ASTUTE BUYERS: The property is a 1.12 Acre entire block bordered by South Dearborn Street to the east side, West 26th Place on the north side, South Federal Street on the west side, and West 27th Street on the south side. There is a chain-link fence surrounding the property. The property is strategically located just 2 blocks south of I-55 and 2 blocks east of I-90 in close proximity to McCormick Place, the South Loop, and downtown Chicago. To the north is the Chicago South Loop Hotel. To the south, the property is across the street from Daniel Hale Williams Elementary School and Williams (Daniel Hale) Park. LOCATION: This property is located in Chicago’s Bronzeville neighborhood – the best location for accessing the Interstate Highway System, just blocks away, along with Lake Shore Drive, McCormick Place, downtown, and Chicago's fantastic lakefront! So if you are seeking an investment/development opportunity with a diversity of options, this is it. CONVENIENT ACCESS: Strategically located at the hub of Interstate Highways I-55, I-90, I-94, and Lake Shore Drive. NEW RESIDENTIAL MULTIFAMILY HOUSING BLOCKS AWAY! NEW ESPORTS VENUE SCHEDULED FOUR BLOCKS AWAY: Four blocks away is the City Council approved, proposed $30 million Esports arena (called "Surge") featuring an IMAX style video canvass to create a unique viewing experience for up to 800 spectators, gaming competitions, and three kitchens to serve spectators. BRONZEVILLE LAKEFRONT DEVELOPMENT PROJECT: The former Michael Reese Hospital 50 acre development site, owned by the City of Chicago, is four blocks away. The site has received Chicago Plan Commission approval for a $3.8 billion development. Phase One is the ARC Innovation Center. In addition, the plan includes market-rate and affordable housing, retail, green space, and a community center. ILLINOIS INSTITUTE OF TECHNOLOGY: The Illinois Institute of Technology is less than a half-mile away.