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Active - Land for sale
Chicago, IL
Facts & features
Why you’ll love it
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.
Listings courtesy of Pearson Realty Group as distributed by MLS GRID.
Listed by: Thoma Socrates Panos • Pearson Realty Group
Co-listed by: Pearson Realty Group
Source: MRED as distributed by MLS GRID, MLS#: 12619294
Based on info available as of Nov 14, 2026 at 11:26 AM EST.
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Affordability
$6,199/mo
- Mortgage$4,799
- Property tax$1,400
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$18,980 Credit back
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Travel times
About Chicago
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.
Fire
Storm
Air quality
Pollen
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 14, 2026 at 11:26am 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.
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$18,980 Credit back
