929 W Cullerton Street, Chicago, IL 60608

Property Description

Rare opportunity to acquire a vacant land site in one of Chicago's most rapidly transforming residential corridors. Currently zoned M1-2, the property is uniquely positioned within a predominantly RT-4 neighborhood experiencing significant new construction activity, including luxury single-family homes exceeding $1 million and high-quality condominium developments commanding $500,000+ sales prices. The site offers substantial upside through rezoning potential, with ownership open to supporting a zoning change to align with surrounding residential use. This creates a compelling opportunity for developers to capitalize on strong market demand and maximize density in a proven, high-absorption location. Additionally, the property benefits from its adjacency to a long-vacated city alley, presenting the potential to acquire additional land from the City of Chicago. This assemblage could expand the total site to approximately 50' x 108', allowing for enhanced design flexibility and increased development scale.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 10:18PM

Listing Office:

Sperry Van Ness : 312-676-1870

Listing Agent:

Angelo Labriola : 708-307-7529

MLS ID:

12639028

Interior

• Basement: None

Exterior

• Parking: Parking spaces: 0

Location

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

Lot

• Zoning: MULTI17204340030000
• Current Use: Other

Utilities

• Utilities: Electricity NearbyNatural Gas NearbySewer NearbyWater Nearby
• Water: Municipal Water

Financial

• Source: mred
• Ownership: Fee Simple