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5601 S Western Ave 0.54 Acres of Commercial Land Offered at $749,000 in Chicago, IL 60636

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Investment Highlights

  • North Lot: 9,375sf South Lot: 14,000sf
  • Heavy Traffic Counts
  • 2 Fenced Lots
  • Many National and Regional Retailers in the Immediate Area
  • 2 Lots Included in Sale
  • Former Car Dealer/Body Shop

Executive Summary

The north lot is 9,375 sf, and the south lot is 14,000 sf. The site is located at the southeast corner of 56th St & Western Ave. The site is currently zoned C2-2, which allows for a variety of uses. The property consists of 2 sites separated by an alley. The site was formerly occupied by a used car dealer. Currently, there are 2 structures on the site that were occupied by a used car dealer. Buildings could be renovated or torn down to accommodate a new development. The immediate area consists of many national and regional retailers, such as Dollar Tree, Dunkin Donuts, KFC, Advance Auto Parts, and a variety of independently owned retail, auto service businesses, and new/used car dealers. The neighborhood to the immediate east & west of Western Ave is densely populated with single and multifamily residences.

Property Facts

Price $749,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Auto Dealership
  • Auto Repair
  • Auto Salvage Facility
  • Parking Lot
  • Storefront, Retail or Residential
Total Lot Size 0.54 AC
No. Stories 1
Zoning C2-2

1 Lot Available

Lot

Price $749,000
Price Per AC $1,387,037.04
Lot Size 0.54 AC

Description

The north lot is 9,375 sf, and the south lot is 14,000 sf. The site is located at the southeast corner of 56th St & Western Ave. The site is currently zoned C2-2, which allows for a variety of uses. Property consists of 2 sites separated by an alley. The site was formerly occupied by a used car dealer. Currently, there are 2 structures on the site that were occupied by a used car dealer. Buildings could be renovated or torn down to accommodate a new development. The immediate area consists of many national and regional retailers, such as Dollar Tree, Dunkin Donuts, KFC, Advance Auto Parts, and a variety of independently owned retail, auto service businesses, and new/used car dealers. The neighborhood to the immediate east & west of Western Ave is densely populated with single and multifamily residences.

Property Taxes

Property Taxes

Parcel Number
20-18-107-015-0000
Land Assessment
$7,875
Improvements Assessment
$41,777
Total Assessment
$49,652
  • Listing ID: 39541001

  • Date on Market: 2/23/2026

  • Last Updated:

  • Address: 5601 S Western Ave, Chicago, IL 60636

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