1 E Cermak Rd Chicago, IL 60616
South Loop NeighborhoodEstimated payment $8,950/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,786
Lot Details
- 3,049 Sq Ft Lot
- Lot Dimensions are 110x107.25
- Additional Parcels
- Property is zoned COMMR
Utilities
- Electricity To Lot Line
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $1,500,000 | +144.7% | -- | |
| 03/08/2020 03/08/20 | Off Market | $613,107 | -- | -- | |
| 12/04/2019 12/04/19 | Sold | $613,107 | +104.4% | -- | View Prior Sale |
| 10/31/2019 10/31/19 | Price Changed | $300,000 | 0.0% | -- | |
| 10/28/2019 10/28/19 | Pending | -- | -- | -- | |
| 09/09/2019 09/09/19 | For Sale | $300,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12434064
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.