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1620-32 N LOWELL AVE Chicago, IL 60639
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12651568
Annual Tax Amount $15,855
Tax Year 2024
Lot Dimensions 25X126.7
Property Sub-Type Land
Property Description
Attention developers, investors, and business owners - this is a rare commercial development opportunity in Chicago's rapidly evolving West Humboldt Park neighborhood. Introducing seven continuous vacant lots located at 1620-1632 N. Lowell Ave., offering outstanding visibility, flexibility, and long-term upside for a commercial or mixed-use project. Zoned B1-1 Neighborhood Shopping District, these properties are specifically positioned for neighborhood retail, storefront businesses, service establishments, offices, restaurants, cafes, convenience retail, and other commercial uses designed to serve the surrounding community. The zoning also allows for residential units above commercial space, making this an ideal opportunity for a modern mixed-use development with income-producing potential. With a combined total of approximately 22,050 sq. ft., and seven individual PINs measuring 25 x 126.7 each, the site offers flexibility for phased development, multiple storefront concepts, or a larger-scale commercial project. This is the type of location perfectly suited for developers looking to capitalize on Chicago's growing demand for walkable neighborhood retail corridors with residential support above. Strategically located near CTA transportation, Metra access, parks, schools, restaurants, shopping, and major neighborhood amenities, this location offers excellent accessibility and strong future growth potential. Whether your vision includes retail storefronts with apartments above, office space, service-oriented businesses, or a mixed-use investment property, these lots provide the foundation for a high-impact commercial development in an emerging market. Seller prefers to sell all seven lots together. Opportunities like this are hard to find - bring your vision to West Humboldt Park today.
Location
State IL
County Cook
Area Chi - Humboldt Park
Zoning COMMR
Rooms
Basement None
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Electric to Site, Natural Gas Nearby, Sewer Nearby, Water Nearby
Building
Dwelling Type Land
Water Municipal Water
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Juan Espinosa of E-Professional Realty