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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12619294
Annual Tax Amount $16,801
Tax Year 2024
Lot Dimensions 50' x 125'
Property Sub-Type Land
Property Description
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.
Location
State IL
County Cook
Area Chi - Dunning
Zoning COMMR
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Other, Cable Available, Fiber
Building
Dwelling Type Land
Sewer Storm Sewer
Water Municipal Water
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Thoma Socrates Panos of Pearson Realty Group
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