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3650 S Homan Ave
Chicago, IL 60632
Land For Sale
·
4.40 AC
Investment Highlights
- Direct access and visibility from I-55 with immediate ingress and egress.
- Zoned M 3-3, accommodating intensive industrial uses and redevelopment.
- Located within seven miles of Downtown Chicago and near major transportation hubs.
- Close proximity to BNSF rail yard supporting intermodal logistics efficiency.
- Currently established as a truck parking and storage site with utilities to the property.
- Positioned in a critical last-mile distribution corridor for the Chicago metro area.
Executive Summary
This 4.4-acre industrial parcel located at 3650 S Homan Avenue offers a rare development and investment opportunity in the heart of Chicago’s last-mile logistics corridor. Positioned immediately along I-55, the site provides unmatched access and visibility to one of the region’s primary transportation arteries, ensuring efficient distribution to Downtown Chicago and key suburban markets.
The site includes heavy industrial zoning (M 3-3), direct access to utilities, and close proximity to BNSF rail infrastructure, presenting exceptional potential for redevelopment into a high-demand logistics, warehouse, or distribution facility. Currently utilized for truck parking, this property represents a user/investor opportunity with immediate utility while planning for long-term growth.
Situated within minutes of the Loop and major expressways, including I-55 and connections to I-90/94, this parcel is strategically suited for last-mile delivery operations, outdoor storage, or specialized logistics solutions. Its lease expiration timeline allows seamless transition to new ownership and future build-to-suit projects, underscoring its appeal to owner-users and developers alike.
The site includes heavy industrial zoning (M 3-3), direct access to utilities, and close proximity to BNSF rail infrastructure, presenting exceptional potential for redevelopment into a high-demand logistics, warehouse, or distribution facility. Currently utilized for truck parking, this property represents a user/investor opportunity with immediate utility while planning for long-term growth.
Situated within minutes of the Loop and major expressways, including I-55 and connections to I-90/94, this parcel is strategically suited for last-mile delivery operations, outdoor storage, or specialized logistics solutions. Its lease expiration timeline allows seamless transition to new ownership and future build-to-suit projects, underscoring its appeal to owner-users and developers alike.
Property Facts
1 Lot Available
Lot
| Lot Size | 4.40 AC |
| Lot Size | 4.40 AC |
Description
3650 S Homan Avenue is a 4.4-acre industrial zoned parcel located in Chicago, Illinois. It is adjacent to Interstate 55 and offers visibility and immediate access from the expressway. Utilities are available to the site, and the current use is truck parking. The property is in proximity to the BNSF rail network and major thoroughfares including I-90/94. A current lease is in place until February 2028 with no renewal option designated.
Property Taxes
| Parcel Number | 16-35-400-006-0000 | Improvements Assessment | $1,546 CAD |
| Land Assessment | $755,735 CAD | Total Assessment | $757,281 CAD |
Property Taxes
Parcel Number
16-35-400-006-0000
Land Assessment
$755,735 CAD
Improvements Assessment
$1,546 CAD
Total Assessment
$757,281 CAD
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