Active · For Sale · Land

3110-3118 S Shields Avenue, Chicago, IL 60616

MLS #12721591

3110-3118 S Shields Avenue, Chicago, IL 60616
3110-3118 S Shields Avenue, Chicago, IL 60616CRER
3110-3118 S Shields Avenue, Chicago, IL 60616

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3110-3118 S Shields Avenue, Chicago, IL 60616

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The property

Executive summary

Rare opportunity to own 3 contiguous lots with 2 PINs in the heart of Armour Square, zoned M1-2 with exceptional development potential. Ideal for: - Commercial Development -Warehouse or Storage Facilities -Contractor Yard -Industrial or Mixed-Use Projects (buyer to verify zoning and permitted uses) Prime Location * Minutes from Chinatown * Close to Downtown Chicago * Easy access to I-90/94 and I-55 * Near Guaranteed Rate Field * Surrounded by ongoing development and strong traffic exposure Now offered at $1.4 Million (reduced from $1.5 Million) Vacant land - drive by anytime! No appointment or scheduling is necessary to view the property. This is an outstanding opportunity for investors, developers, and business owners looking to secure land in one of Chicago's rapidly growing areas. Motivated sellers are ready to make a deal. Don't miss this opportunity-submit your offer today! Property sold AS-IS.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$2,950 (2024)

Property Details

Lot Size
9,375 SF
Lot Acreage
0.21
Lot Dimensions
75x125
Zoning
OTHER
Parcel Number
17332000770000

Operations & Utilities

Utilities
Unknown (verify)
Possession
Closing

Location & Use

County
Cook
Market Area
Chicago - Armour Square
Township
South Chicago
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.