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This exceptional 2.11-acre site, located at 1017 West Division Street in Chicago's Goose Island neighborhood (Cook County, IL, zip code 60642), presents a unique investment opportunity for developers and investors seeking fee simple ownership. The property, encompassing 91,911 square feet, is zoned PMD 3 (Goose Island Planned Manufacturing District) and features multiple parcels (APN: 17-05-402-002, 17-05-402-003, 17-05-402-014, 17-05-402-018, 17-05-402-023, 17-05-402-041, 17-05-402-042). Its strategic location offers easy access to major roadways, including Halsted Street and I-90, making it suitable for various uses. The area is experiencing significant growth, with nearby developments such as a new, large-scale industrial development featuring over 1.2 million square feet. This prime location makes the property ideal for a logistics/distribution center, data center, general retail, drive-thru restaurants, or self-storage facility. The property's current configuration includes one building with one suite, totaling one square foot, with one square foot currently vacant. This presents a blank canvas for development tailored to the buyer's vision. The thriving industrial corridor, home to companies like Amazon and FedEx, further underscores the property's potential for substantial returns.
Highlights
2.11-acre site in Chicago's Goose Island neighborhood (Cook County, IL, 60642).
Zoned PMD-3 (Goose Island Planned Manufacturing District).
$258,000 annual gross property income.
High-visibility location on Division Street, two minutes from I-90 (217,300 vehicles daily).
Close proximity to the North Branch of the Chicago River.
15-minute drive to the Loop and 64 million square feet of office space.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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