- For Sale $1,155,000
- Property Type VacantLand
- Lot Size 21,000 SF
- Date Updated Apr 3, 2025
Presented by the Midwest Investment Advisors team with KW Commercial and Keller Williams ONEChicago. Located in the thriving neighborhood of Bronzeville, Chicago, this land parcel portfolios offers a prime opportunity to invest in an area poised for development. With significant cultural value and a rapidly growing economic landscape, Bronzeville is attracting attention from developers, businesses, and investors alike. This land portfolio includes 2 parcels, all strategically located to capitalize on the neighborhood's ongoing revitalization and increasing demand for both residential and commercial developments.
The land parcels in this portfolio range in size and zoning, offering flexibility for various development possibilities. These include:
- 556 E 47th St. | 14,980 SF | Zoned B3-2. | APN - 20-03-424-025-0000
- 4644 S Saint Lawrence | 6,020 SF | Zoned B3-2. | APN - 20-03-424-017-0000
- Total | 21,000 SF | Zoned B3-2. | Purchase Price - $1,155,000
Bronzeville Neighborhood Development
Bronzeville has become a key area for urban development in Chicago, benefiting from several major projects. The Bronzeville Lakefront Project is one of the largest undertakings in the area, transforming the former Michael Reese Hospital site into a mixed-use development that includes residential units, retail, and office spaces. Additionally, the Artis Senior Living Center and Boxville Marketplace continue to shape the neighborhood’s identity, bringing commercial activity and community-focused ventures to the area.
Positive Economic Indicators
Bronzeville’s economic outlook is highly favorable for investors:
- Rising Property Values: The neighborhood has seen significant appreciation in property values, fueled by development projects and increasing demand.
- Job Growth: Employment opportunities, particularly in healthcare, education, and technology, are expanding, contributing to the neighborhood's economic vitality.
- Transportation Access: Bronzeville boasts excellent public transportation options, making it a convenient location for both residents and businesses.
Overall, this land parcel represents a strong investment opportunity in a neighborhood that combines historical significance with modern economic growth. With competitive pricing and a variety of development possibilities, these land parcels are well-positioned to benefit from the ongoing transformation of Bronzeville.
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
85/100 Very Walkable
-
Transit Score ®
66/100 Good Transit
-
Bike Score ®
71/100 Very Bikeable
- City Chicago, IL
- Neighborhood Bronzeville
- Zip Code 60653
- Market Chicago
Points of Interest
-
Garfield
1.08 miles
-
51st-53rd Street (Hyde Park)
1.39 miles
-
35th-Bronzeville-IIT
1.71 miles
-
55th-56th-57th Street
1.71 miles
-
35th-Bronzewille-IIT (34th Street Entrance)
1.77 miles
-
63rd Street
2.35 miles
-
Halsted
2.71 miles
-
Cermak-McCormick Place
3.01 miles
-
Stony Island
3.26 miles
-
UIC-Halsted (Halsted Street)
4.91 miles
-
BP
0.59 miles
-
GoLo
0.74 miles
-
Amstar
1.04 miles
-
Citgo
1.10 miles
-
Super Save
1.19 miles
-
ChargePoint
1.49 miles
-
eVgo
4.17 miles
-
Blink
4.18 miles
-
Tesla Supercharger
4.36 miles
-
EVgo
4.80 miles
-
Garfield Park & Ride
1.04 miles
-
Vue53 garage
1.16 miles
-
Campus North Parking Garage
1.20 miles
-
Medical Campus Parking Garage B
1.28 miles
-
Medical Campus Parking Garage A
1.45 miles
-
Parking/Materials Management
1.52 miles
-
Lot L
1.59 miles
-
Lexington Parking Lot
1.63 miles
-
Lot F
1.67 miles
-
Tailgate Lot
1.72 miles
-
Amber Inn Motel
1.09 miles
-
Sophy Hotel
1.28 miles
-
Hyatt Place Chicago-South/University Medical Center
1.37 miles
-
Chicago Lake Shore Hotel
1.38 miles
-
The Study at the University of Chicago
1.88 miles
-
Best Motel
2.38 miles
-
Wyndham Chicago McCormick Hotel
2.59 miles
-
The Polo Inn
2.62 miles
-
Benedictine Bed and Breakfast
2.88 miles
-
Hyatt Regency McCormick Place
2.93 miles
-
Burger King
0.22 miles
-
Uncle Remus
0.23 miles
-
McDonald's
0.24 miles
-
Popeyes
0.32 miles
-
Reggio's Pizza
0.38 miles
-
Bronzeville Winery
0.41 miles
-
Dirty Tiff's Cafe
0.43 miles
-
De Rice
0.45 miles
-
Mr. Captain Hook
0.47 miles
-
Just Turkey Grill
0.48 miles
-
Well Home
0.20 miles
-
James W Shelton Senior School
0.28 miles
-
Woodson Elementary School
0.35 miles
-
Hales Franciscan High School
0.37 miles
-
Mollison Elementary School
0.37 miles
-
Corpus Christi School
0.42 miles
-
Reavis Elementary School
0.49 miles
-
King College Prep
0.55 miles
-
James Farmer Jr. Elementary School
0.58 miles
-
Walter H. Dyett High School
0.59 miles
-
UChicago Child Development Center - Drexel
1.25 miles
-
Child's World Academic Inc.
2.67 miles
-
Shiloh Nursery
3.01 miles
-
DJ Brooks Child Development Center
3.11 miles
-
The Goddard School
3.20 miles
-
KinderCare
3.70 miles
-
Englewood Messiah Lutheran Headstart
3.80 miles
-
Ada S. McKinley, Ersula Howard Child Care Center
4.00 miles
-
Teddy Bear Pre-School
4.14 miles
-
Childrens Hour Pre-School Center
4.17 miles
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.