$1,500,000

1 E Cermak Road, Chicago, IL 60616

Land
Built in ——
3,049sqft lot
—— car garage
$——/sqft
Listed 6 months ago

Property 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.

Listing Status:: Active
Data Last Updated:: February 15, 2026 at 7:18AM
Listing Office:: Millennium Properties RE, Inc. : 312-338-3003
Listing Agent:: Daniel Hyman : 312-338-3003
MLS ID:: 12434064

Parking: Parking spaces: 0

Road/Access: AsphaltCity Street
Originating MLS: mred
School District: 299
County: Cook

Zoning: COMMR17271000010000

Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedWater Available

Source: mred
Ownership: Fee Simple

This listing courtesy of Daniel Hyman , Millennium Properties RE, Inc.

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

National Teachers Elementary Academy

55 W Cermak Rd, Chicago, IL, 60616

Grades PK-8

0.19 miles away

National Teachers Elementary Academy

55 W Cermak Rd, Chicago, IL, 60616

Grades PK-8

0.19 miles away

Graham R Training Center

2347 S Wabash Ave, Chicago, IL, 60616

Grades 9-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.