LKV Realty
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1 E Cermak Road photo 1
Loading image1 E Cermak Road photo 2
$1,500,000
$6,000Reward *
1 E Cermak Road, Chicago, IL 60616Listing ID 12434064

1 E Cermak Road, Chicago, IL 60616

Active
CHI - Near South Side
Time on site: 382 days • Last updated: Jul 27, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
-
Acres
Acres
0.07
Days on Site
Days on Site
383

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.

Property Information

Property Details

Location

Address
1 E Cermak Road
County
Cook
City
Chicago
Zip Code
60616
Subdivision
CHI - Near South Side
School District
299
MLS Area
CHI - Near South Side

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$9,786
Tax Year
2023
Millennium Properties RE, Inc., (312) 338-3000

Market Report for 60616

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 09:34 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD104413 • MRD174499