Active
3,049 Lot Size0.07 Acres
1 E Cermak Rd, Chicago, IL 60616
Est: $8,567/moGet pre-approved
LandProperty Type
0.07 acresLot Size

Description

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...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.
420 days on Market
  • Listed by: Daniel Hyman 312.338.3003 dhyman@mpirealestate.com • Millennium Properties RE, Inc.
  • Listed by: Brad Thompson 312.338.3012 bthompson@mpirealestate.com • Millennium Properties RE, Inc.
Last updated: 07/27/2026 10:53 AM • Source: MRED as distributed by MLS GRID, MLS#: 12434064

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Listing Courtesy of Millennium Properties RE, Inc.
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$8,567 per month

30 year fixed, 6.71% Interest

Principal and Interest

$7,751

Property Taxes

$816

HOA Dues

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Property Information for 1 East Cermak Road

Property Details
  • Taxes: $9,786 / year
  • MLS Type: Land
  • County: Cook County
  • Area: CHI - Near South Side
  • Township: South Chicago
  • Ownership: Fee Simple
  • Num Of Parking Spaces: 0.0
  • Zoning: COMMR
Building Information
  • Lot Size: 0.07 AC
General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 110
  • Frontage Type: City Street
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Property/Lot Information
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 110x107.25
  • Approx Land Sq Footage: 15410
  • Buildings on Land: No
  • Waterfront: No
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 0
  • South Coordinate: 2200
  • East Coordinate: 1
  • West Coordinate: 0
Property and Assessments
  • Public Document Count: 1
  • Document Date: 2025-12-05T14:31:09
  • Photos Count: 2
  • OpenHouse Count: 0
Miscellaneous
  • Road Surface: Asphalt
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 1 East Cermak Road

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Listed (Active)

MRED #12434064

$1,500,000
Dec 4, 2019

Sold

MRED #10511530

$613,107
Oct 31, 2019

Listed (Active)

MRED #10511530

$300,000
DateEvent & SourcePrice
12/05/2025

Listed (Active)

MRED #12434064

$1,500,000
12/04/2019

Sold

MRED #10511530

$613,107
10/31/2019

Listed (Active)

MRED #10511530

$300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1 East Cermak Road

Taxable ValueLand$27,300Additions-Total$27,300
Tax Record2019$5,485 ($457 / month)
Home Facts
Beds0Total Finished SqFt3,000 SqFtAbove Grade Finished SqFt3,000 SqFtStories1Lot Size3,640 SqFtStyleMiscellaneous Vacant LandYear Built1961CountyCOOKAPN17-27-100-001

Schools near 1 East Cermak Road

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
National Teachers Elementary Academy
PublicPK to 8

Phillips Academy High School
Public9 to 12

Graham R Training Center
Public9 to 12

Perspectives Charter - Joslin Campus
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

1 East Cermak Road is a 0.07 ac of land for sale in Chicago, IL 60616. This property was listed for sale on December 5, 2025 by Millennium Properties RE, Inc., it's currently listed at $1,500,000. It has been on the market for a total of 420 days and was last sold on December 4, 2019. This listing's school district is Chicago Public Schools. Nearby schools include National Teachers Elementary Academy, Phillips Academy High School and Graham R Training Center. 1 East Cermak Road is a 0-bed, 0-bath 0.07 ac of land on a 3,049 sq. ft. / 0.07 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Millennium Properties RE, Inc.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/27/2026 10:53 AM. 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.