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Active - Land for sale

Chicago, IL

Facts & features

Land Property type
472 days on Beycome
3,049 sqft Lot size

Why you’ll love it

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.

Translating description...

Listings courtesy of Millennium Properties RE, Inc. as distributed by MLS GRID.

Listed by: Daniel Hyman • Millennium Properties RE, Inc.

Co-listed by: Brad Thompson • Millennium Properties RE, Inc.

Source: MRED as distributed by MLS GRID, MLS#: 12434064 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 7:32 PM EST.

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Affordability

$975,000$2,025,000
1%20%
0%90%
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Estimated monthly payment

$8,400/mo

  • Mortgage$7,585
  • Property tax$816
  • HOA fee
  • Homeowners insurance
Due at closing$1,192,500
Down payment held in escrow$300,000
Closing costs$22,500
beycome credit Est.$30,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Chicago

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$1,500,000 Listed price

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$30,000 Credit back

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