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This exceptional 48,520 square foot commercial land parcel, located at 2401 West Belmont Avenue and 2414 West Fletcher in Chicago, Illinois, presents a unique investment opportunity. Zoned M1-2, this high-exposure site boasts a prime location at a lighted three-way intersection of Belmont, Western, and Clybourn Avenues, experiencing over 55,000 vehicles daily. Its proximity to I-90 (217,300 vehicles per day) ensures easy access throughout the Chicagoland area. The property benefits from its location near the North Branch of the Chicago River, offering recreational amenities like the Riverview Hiking Area and WMS Boathouse. A short 20-minute drive to "The Loop" and its extensive office space via I-90 adds to its strategic value. The site is situated near Lane Tech and DePaul College Prep, serving over 5,000 students, and is surrounded by a wealth of amenities including Costco, Target, Jewel-Osco, Mariano's, Walgreens, and the Midtown Athletic Club. This affluent area, encompassing Roscoe Village, Logan Square, Avondale, and Bricktown/Lincoln Park, boasts an average household income exceeding $194,385 within a one-mile radius. The asking price is $6,250,000, translating to $129 per square foot. The APN numbers are 13-25-203-043, 13-25-203-017, 13-25-203-039, 13-25-203-038, 13-25-203-015, 13-25-203-014, 13-25-203-045, 13-25-203-011, and 13-25-203010. This property offers significant potential for a variety of commercial developments.
Highlights
High-traffic location at Belmont & Western Aves (55,000+ vehicles daily), 5 minutes from I-90 (217,300 vehicles daily).
High visibility at a lighted three-way intersection (Belmont, Western, Clybourn Aves), offering excellent Chicagoland access.
Riverfront location near the Chicago Riverwalk, with access to hiking trails and recreational activities.
20-minute drive to The Loop and over 64 million square feet of office space via I-90.
Proximity to Lane Tech & DePaul College Prep (5,000+ students).
Abundant amenities nearby, including Costco, Target, Jewel-Osco, Mariano's, Walgreens, and Midtown Athletic Club.
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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.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.