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2405 W Grand AveChicago, IL 60612
2405 W Grand Ave, Chicago, IL 60612
Asset ClassLand, Multifamily
# Units40
Entitled West Town Development Site
overview of deal

Overview

The property at 2405 W. Grand Ave, Chicago, presents a prime infill development opportunity in one of Chicago’s most rapidly evolving mixed-use corridors. Spanning approximately 11,248 square feet with frontage on Grand Avenue, the site offers excellent visibility and access in the West Town area—just west of the booming Fulton Market District.

 

Recently rezoned from M1-2 to C1-3, the site has an approved development plan of 40 residential units with groundfloor commercial. The C1-3 zoning permits up to 3.0 FAR, enabling a developer to construct over 33,000 buildable square feet, making it ideal for boutique apartment buildings, retail with residential above, or live/work lofts—options that cater to the neighborhood’s growing demand for modern urban living.

 

This area of West Town is known for its blend of light industrial roots and new creative uses, with a surge in residential, hospitality, and retail development. Proximity to major employment hubs, transportation corridors, and some of Chicago’s most dynamic neighborhoods makes this a strategic and timely investment opportunity.

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Investment Highlights

  • Prime infill development opportunity
  • 11,248 SF across three parcels
  • Recently rezoned from M1-2 to C1-3
  • Up to 3.0 FAR / 33,000+ buildable SF
  • Ideal for mixed-use, residential, or live/work development
  • Located in West Town near Fulton Market
  • Surging residential and retail growth in the area
  • Excellent access to transit and employment hubs
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2405 W Grand AveChicago, IL 60612
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Listing provided by Revere CRE