1 Cermak Road, Near South Side, Chicago, Illinois 60616
$0
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For Sale
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| Status: | Auction |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 0 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $9,786 |
| Days On Market: | 59 |
| Lot Size: | 0,07 |
Description
AUCTION 09/18/2025: 1 E. CERMAK ROAD is a 15,410 square foot development site is available for sale via sealed bid auction. 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. The South Loop is a very desirable area for a residents and businesses alike. Since the addition of the Cermak Green Line station, this area has seen significant development including hotels, offices, bars, restaurants and more.
Property Specifics
| Lot/Land | |
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| — | |
| No | |
| 0.07 |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 12434064 | |
| 17271000010000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 4 Dec, 2019 | Sold | $613,107 | MRED MLS |
| 28 Oct, 2019 | Under contract | $300,000 | MRED MLS |
| — | Last price change | $300,000 | MRED MLS |
| 9 Sep, 2019 | Listed for sale | $300,000 | MRED MLS |
| — | Last price change | $1,500,000 | MRED MLS |
| 30 Jul, 2025 | Listed for sale | $1,500,000 | MRED MLS |
Room Specifics
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 110x107.25 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $5,393 |
| — | $9,786 |
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Listing Provided By
Millennium Properties RE, Inc.
