3,640 SF Corner Site Adjacent to Cermak Green Line
Call For Pricing
1 E Cermak Rd
Chicago, IL 60616
3,640 SF
Development Site
The Details
- 3,640 SF corner development site
- Adjacent to Cermak Green Line and Southbridge with 877 homes and 60,000 SF of retail
- Opportunity for 15,410 SF site with adjacent parcel
- Potential for mixed-use TOD, retail, or office development
- Close to McCormick Place, Wintrust Arena, historic Motor Row
- Lots of new development in area
- Traffic Count: 13,200 on Cermak
- Zoning: DX-5, Michigan/Cermak TIF
Located just off the intersection of Elston and Cicero, a 16,266 SF office is for sale. The building has been divided into a total of 18 suites, with more than half occupied by long-term tenants on short-term leases. Opportunity for investors or users to rehab or redevelop. There is good in-place income with potential to add value. Close to Edens and Kennedy expressways and public transportation.
Jefferson Park is on the northwest side of the city and features several commercial corridors within the largely residential neighborhood including along Elston Avenue and Northwest Highway.