Prime 6,250 SF (50' x 125') corner development site situated on a high-visibility signalized-adjacent corner in Chicago's thriving Belmont Heights/Dunning corridor. This strategic 0.16-acre lot offers 50 feet of frontage on Irving Park Road, a major Northwest Side artery with traffic counts exceeding 18,000 VPD. Zoned C1-2 (Neighborhood Commercial), the property provides broad flexibility for retail, professional office, or medical use, with the added potential for multi-story mixed-use development featuring residential units above ground-floor commercial. The site currently includes a fully renovated (2024) 4,055 SF freestanding structure with a turnkey restaurant, an apartment unit above, and a rare 15-car dedicated side parking lot, providing immediate utility or a high-income holding opportunity while final plans are secured. Located in Jefferson Township (Area 8017) within Chicago School District 299, the property is just blocks from the Harlem-Irving Plaza (HIP) and benefits from the dense, high-income residential demographics ($92k+ median HHI) of the surrounding neighborhood. Excellent proximity to the I-90/294 O'Hare corridor and heavy commuter bus transit makes this an ideal flagship location for national retailers or local developers seeking maximum Northwest Side exposure.
| MLS # | 12619294 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 148 |
| Listing Provided By | Pearson Realty Group | Thoma Socrates Panos |
| Zoning | COMMR |
|---|
| Utilities | Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Other, Cable Available, Fiber |
|---|---|
| Sewer | Storm Sewer |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 16801.61 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60634 |
| Area | CHI Dunning |
| Listing VS Median (in 60634) | |
Price: $949,000 low | high Med: $429,000 On site: 148 low | high Med: 83 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60634 |
| Area | CHI Dunning |
| Listing VS Median (in 60634) | |
Price: $949,000 low | high Med: $429,000 On site: 148 low | high Med: 83 | |