338 Artesian Ave
Chicago, IL 60612
PD Lot Near Western CTA & United Center · Land For Sale · 0.20 AC

Transit-Oriented PD Lot Near Western CTA — ~9,000 SF, Flat Site, Flexible Paths Unlock a rare Planned Development (PD) opportunity on a ~9,000 SF, flat lot just steps from the Western CTA station and only minutes from the United Center. The PD zoning offers exceptional flexibility for future owners to tailor the site to market demand—ranging from mixed-use or multifamily concepts to medical/retail, office, or community-serving uses (buyer to verify). Highlights - Planned Development (PD): Broad entitlement framework with multiple potential use cases and site plan optionality. - Transit Proximity: Near the Western CTA station—ideal for TOD-style programming and resident/tenant convenience (buyer to verify eligibility under current ordinances). - Development-Ready Topography: Flat site reduces site work and simplifies planning, staging, and construction logistics. - Visibility & Access: Easy access to major city corridors with strong neighborhood connectivity and steady daily traffic. - Demand Drivers: Established residential density, walkable retail, services, and dining—supporting both daytime and evening activity. - Catalytic Growth Nearby: The recently approved $7 billion “1901 Project” around the United Center will redevelop over 55 acres into a dynamic mixed-use district over the next 15 years, including a 6,000-seat music hall, boutique hotel, rooftop park, green spaces, up to 9,500 residential units, and significant retail and entertainment venues. The first phase, set to begin in 2025, will immediately enhance the neighborhood’s appeal and long-term value. Potential Concepts (subject to city approval) - Boutique mixed-use with activated ground floor + residential above - Multifamily or townhome infill targeting transit-oriented renters/owners - Medical/professional office, wellness, or community services - Neighborhood retail/food & beverage with strong pedestrian capture Why This Site Works PD flexibility, transit adjacency, proximity to the United Center redevelopment, and a flat, infill lot combine to shorten timelines, expand exit strategies, and hedge against market shifts. This is the kind of location that supports durable rent rolls and multiple exit paths—build-to-hold, condo sell-out, or BTS for a single-tenant operator (all subject to approvals). Notes All details are subject to buyer verification. Uses, density, FAR, height, parking, and any TOD incentives depend on final plans and current municipal regulations.