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Investment Highlights
- Centrally positioned on Dearborn Street in the heart of Old Englewood Village, offering unmatched visibility and charm.
- Specialty zoning encourages mixed-use development and a traditional downtown setting.
- Defined access from Orange Street enhances site functionality and traffic flow.
- Ideal for boutique hotel, microbrewery, rooftop restaurant, garden deli, retail shops with residential units above, and more.
- Approximately 150 feet of frontage along Dearborn Street with existing parking in place.
- Mixed-use allowance supports diverse concepts such as hospitality, retail, and residential.
Executive Summary
Property Facts
| Price | $2,225,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.96 AC |
| Property Type | Land | ||
| Zoning | CG - Commercial Lot | ||
| Price | $2,225,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.96 AC |
| Zoning | CG - Commercial Lot |
1 Lot Available
Lot
| Price | $2,225,000 | Lot Size | 0.96 AC |
| Price Per AC | $2,317,708.33 |
| Price | $2,225,000 |
| Price Per AC | $2,317,708.33 |
| Lot Size | 0.96 AC |
Unique location with bold exposure – centrally located on Dearborn Street in the heart of Old Englewood Village. Nearly a full acre of land zoned Commercial General with mixed-use designation, positioned within the Main Street Overlay District.
Description
The site’s flexible zoning and established infrastructure create an exceptional platform for visionary projects. Potential concepts include a boutique hotel, microbrewery, rooftop dining venue, garden deli with atrium seating, or retail specialty shops with residential units above. Positioned in an X flood zone, the property offers long-term security and development confidence. This is a rare chance to secure a property that combines location, adaptability, and future growth potential. Contact us today for additional details and to schedule a walking tour of the site.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $368,368 |
Property Taxes
Presented by
348 W Dearborn St
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