Land
Auction – September 18, 2025 | Development Site in Highly Visible Location in South Loop
1 E Cermak
Chicago, Illinois
Subject property is a 15,410 square foot development site is available for sale via sealed bid auction. This site is located in an Opportunity Zone. Under its current zoning, the property could be developed as retail, a mixed-use TOD building, an office and more. The site is close to the 62-acre riverfront development known as “The 78”, which is now planned to be developed as a soccer stadium for the Chicago Fire, it is possible that an intermediate use would be parking. McCormick Place, Wintrust Arena, historic Motor Row, Chinatown and a several new and exciting developments and rehabs.
The South Loop is a very desirable area for a residents and businesses alike. Since the addition of the Cermak Green Line station, this area has seen significant development including hotels, offices, bars, restaurants and more.
Call or Text 312-338-3012
Call or Text 312-338-3003
Email dhyman@mpirealestate.com
Address: 225 West Illinois Suite #350 Chicago IL 60654
Phone: 312-338-3000
Fax: 312-604-8903
Email: info@mpirealestate.com
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