3200 W. Lake St. Land/Development
  • Asking Price
    $295KAsking Price
  • Acres
    ~0.20 acAcres
  • Size
    8,608 SFSize
  • Zoning
    C1-3Zoning
  • State
    ILState
  • Submarket
    East Garfie…Submarket

Description

3200 W. Lake St. is a commercial land offering at Lake Street and Kedzie Ave in Chicago’s East Garfield Park submarket. The 8,608 SF site occupies a corner position, giving a buyer frontage on both streets around which to plan a project.

The property comprises 0.2 acres and carries C1-3 zoning. Its irregular lot measures approximately 84.41 ft × 89.21 ft, with 96.50 ft on Lake Street and 89.21 ft on Kedzie Ave. A 16 ft alley borders the north side. For a developer or owner-user, the frontage and alley establish distinct edges for planning how a layout meets the parcel. The irregular shape makes the dimensions important: a concept needs to work within the lot rather than rely on a conventional rectangular footprint. The parcel is identified as APN 16-11-411-078-0000.

The asking price is $295,000, with an indicated price of $1,492,790 per acre. The full 8,608 SF is on offer, so the buyer’s focus is the site as a whole, not a portion carved from a larger property. C1-3 zoning, the corner position and the lot dimensions give a developer the essential parameters for shaping a plan; for an owner-user, they define the land position against which to test a specific space requirement. The sale centers on how a buyer uses the frontage on Lake Street and Kedzie Ave, the north-side alley and the parcel’s irregular footprint together.

Offering Summary

  • Asking Price
    $295,000
  • Price/Unit
    $34.37
  • Price/Acre
    $1,492,790
  • Property Type
    Land/Development
  • Size
    8,608 SF
  • Available
    8,608 SF
  • Properties
    1
  • Total Acres
    ~0.20 ac

Documents

Property Address

3200 W. Lake St.
Chicago, IL 60624

Property Details

  • Property Type
    Land/Development
  • Acres
    0.20
  • Zoning
    C1-3
  • Access Frontage
    Corner lot at Lake Street and Kedzie Ave; 96.50 ft on Lake Street, 89.21 ft on Kedzie Ave; 16 ft alley to north
  • Lot Dimensions
    Approximately 84.41 ft × 89.21 ft, irregular lot
  • APN
    16-11-411-078-0000

Deal Team

David Kaplan profile image

David Kaplan

Broker
Strauss Realty Ltd.
IL RE Lic. 475212948
Adam Schneiderman profile image

Adam Schneiderman

Broker
Strauss Realty Ltd.
IL RE Lic. 475149601