Description
1 E. CERMAK ROAD is a 15,410 square foot development site is available for sale. 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.
Details
| MLS # | 12434064 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 389 |
| Listing Provided By | Millennium Properties RE, Inc. | Daniel Hyman |
Features
| Zoning | COMMR |
|---|---|
| Acreage | 0.07 |
Utilities
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 9786.15 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60616 |
| Area | CHI Near South Side |
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60616 |
| Area | CHI Near South Side |
Nearby Listings (Within 1/4 mile)
Price: $1.125M - $1.875M
sqft: 0 - 0
Listing Updated: July 27, 2026 at 10:05:14 AM PDT