Properties

Features

Utilities : Electric to Site , Natural Gas Available , Sewer Connected , Water Available

Address Map

Country : US

State : IL

County : Cook

City : Chicago

Zipcode : 60616

Street : Cermak

Street Number : 1

Street Suffix : Road

Longitude : W88° 22' 33.7''

Latitude : N41° 51' 9.8''

Directions : At southeast corner of Cermak and State

Mls Area Major : CHI - Near South Side

Street Dir Prefix : E

Zoning : COMMR

Neighborhood

Elementary School District : 299

High School District : 299

Middle Or Junior School District : 299

Additional Information

Lot Size Dimensions : 110x107.25

Previous Price : 1500000

Office Name : Millennium Properties RE, Inc.

Listing Agent Name : Daniel Hyman

Financial

Tax Annual Amount : 9786.15

Listing Information

Co List Agent Full Name : Brad Thompson

Co List Office Mls Id : 14652

Co List Office Name : Millennium Properties RE, Inc.

List Agent Mls Id : 104413

List Office Mls Id : 14652

Originating System Name : MRED

Special Listing Conditions : None

Listing Information

Co List Agent Mls Id : 174499

Co List Office Mls Id : 14652

Co List Office Name : Millennium Properties RE, Inc.

Mls Status : Active

Modification Timestamp : 2026-07-27T15:53:02Z

Status Change Timestamp : 2025-12-11T06:05:41Z

Property Description

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.