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3700 W 63rd St - West Lawn Vacant Corner Land 0.84 Acres of Commercial Land Offered at $1,400,000 in Chicago, IL 60629

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INVESTMENT HIGHLIGHTS

  • 303' 63rd frontage & 120' Lawndale frontage
  • 63rd is a retail street with numerous national / local tenants
  • Signalized corner of 63rd Street & Lawndale Avenue

EXECUTIVE SUMMARY

AN EXCEPTIONAL OPPORTUNITY AWAITS DEVELOPERS WITH THIS 11.6-LOT PROPERTY LOCATED AT THE PROMINENT NORTHWEST CORNER OF 63RD STREET AND LAWNDALE AVENUE, IN CHICAGO'S DESIRABLE WEST LAWN NEIGHBORHOOD. FEATURING 303 FEET OF FRONTAGE ALONG 63RD STREET AND 120 FEET ALONG LAWNDALE AVENUE, THIS HIGH-VISIBILITY CORNER LOT OFFERS A TOTAL OF 36,384 SQUARE FEET-PERFECT FOR A WIDE RANGE OF COMMERCIAL OR MIXED-USE DEVELOPMENT PROJECTS. THIS STRATEGIC SITE IS SITUATED ON A BUSTLING RETAIL CORRIDOR WITH AN AVERAGE DAILY TRAFFIC COUNT OF OVER 16,300 VEHICLES, SURROUNDED BY A VIBRANT MIX OF NATIONAL AND INDEPENDENT RETAILERS INCLUDING FARMERS INSURANCE, CHOLIE'S PIZZA, LITTLE DREAMERS LEARNING CENTER, MIDWAY AUTO SERVICE, LOS PEKES ICE CREAM AND COFFEE SHOP, AND PALERMO'S OF 63RD. EASILY ACCESSIBLE VIA PUBLIC TRANSPORTATION, THE PROPERTY SITS DIRECTLY ON THE CTA #63 BUS ROUTE AND IS JUST 2 MILES FROM MIDWAY INTERNATIONAL AIRPORT, OFFERING EXCELLENT CONNECTIVITY AND VISIBILITY FOR FUTURE TENANTS OR CUSTOMERS. WHETHER YOU'RE PLANNING RETAIL, MIXED-USE, OR A COMMERCIAL DEVELOPMENT, THIS IS A RARE OPPORTUNITY TO SECURE A PROMINENT CORNER IN A THRIVING, HIGH-TRAFFIC NEIGHBORHOOD.

ATTACHMENTS

Survey-1

PROPERTY FACTS

Price $1,400,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.84 AC
Zoning B3-1 - Community Shopping District

1 LOT AVAILABLE

Lot

Price $1,400,000
Price Per AC $1,676,120.79
Lot Size 0.84 AC

11.6-LOT PROPERTY LOCATED AT THE PROMINENT NORTHWEST CORNER OF 63RD STREET AND LAWNDALE AVENUE. FEATURING 303 FEET OF FRONTAGE ALONG 63RD STREET AND 120 FEET ALONG LAWNDALE AVENUE. TOTAL OF 36,384 SQUARE FEET. Zoned B3-1.

DESCRIPTION

– 11.6 lots available at signalized corner of 63rd Street & Lawndale Avenue, totaling 36,384 Sq Ft land – With 303' 63rd frontage & 120' Lawndale frontage, makes for excellent development opportunity in high-visibility location with average traffic of over 20,700 vehicles per day – 63rd is a retail street with numerous national / local tenants including CVS, Marquette Bank, MetroPCS, U.S. Bank, YMCA of Metro Chicago, Chicago Police Department District 8 headquarters, Chicago Public Library West Lawn Branch, Gerber Collision & Glass and Palermo’s of 63rd Pizza within 0.5 mile – Easily accessible to public transportation, located on CTA #63 63rd Street bus route, 0.4 miles to #53A Pulaski bus & less than 2 miles to Midway International Airport

Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-14-330-044-0000
Land Assessment
$54,576
Improvements Assessment
$1,024
Total Assessment
$55,600
  • Listing ID: 36012358

  • Date on Market: 5/10/2022

  • Last Updated:

  • Address: 3700 W 63rd St, Chicago, IL 60629

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