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4500 S Western Ave 0.4 Acres of Commercial Land Offered at $543,112 CAD in Chicago, IL 60609
Investment Highlights
- 0.11-acre parcel located on Western Avenue in Chicago’s South Side.
- Close proximity to CTA Orange Line and Metra commuter rail stations.
- Located in an area with ongoing redevelopment and strong community presence.
- Excellent visibility and accessibility in a high-traffic corridor.
- Suitable for retail, service, or small-scale mixed-use development.
- Easy access to major highways and downtown Chicago.
Executive Summary
This 0.11-acre parcel located at 4500 S Western Avenue in Chicago offers a strategic opportunity for development in a high-traffic urban corridor. Situated in the South Chicago submarket, the property benefits from strong visibility along Western Avenue and proximity to major transportation routes, including the CTA Orange Line and Metra commuter rail stations. The site is positioned within a dense residential and commercial area, making it suitable for a variety of uses such as retail, service-oriented businesses, or small-scale mixed-use development.
The property is zoned for commercial use and lies within an established neighborhood that continues to see investment and redevelopment activity. With convenient access to public transportation and major roadways, this location provides excellent connectivity to downtown Chicago and surrounding communities. Its compact size and prime location make it an attractive option for developers or owner-users seeking an infill opportunity in a vibrant urban setting.
The property is zoned for commercial use and lies within an established neighborhood that continues to see investment and redevelopment activity. With convenient access to public transportation and major roadways, this location provides excellent connectivity to downtown Chicago and surrounding communities. Its compact size and prime location make it an attractive option for developers or owner-users seeking an infill opportunity in a vibrant urban setting.
Property Facts
| Price | $543,112 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.40 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | B3-1 - B3-1 | ||
| Price | $543,112 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.40 AC |
| No. Stories | 1 |
| Zoning | B3-1 - B3-1 |
1 Lot Available
Lot
| Price | $543,112 CAD | Lot Size | 0.40 AC |
| Price Per AC | $1,357,780.43 CAD |
| Price | $543,112 CAD |
| Price Per AC | $1,357,780.43 CAD |
| Lot Size | 0.40 AC |
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,932 CAD | |
| Land Assessment | $37,774 CAD | Total Assessment | $40,705 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$37,774 CAD
Improvements Assessment
$2,932 CAD
Total Assessment
$40,705 CAD
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Presented by
Ahmed Alnemer
4500 S Western Ave
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