7455 W Irving Park RoadChicago, IL 60634

Description

Prime 6,250 SF (50' x 125') corner development site situated on a high-visibility signalized-adjacent corner in Chicago's thriving Belmont Heights/Dunning corridor. This strategic 0.16-acre lot offers 50 feet of frontage on Irving Park Road, a major Northwest Side artery with traffic counts exceeding 18,000 VPD. Zoned C1-2 (Neighborhood Commercial), the property provides broad flexibility for retail, professional office, or medical use, with the added potential for multi-story mixed-use development featuring residential units above ground-floor commercial. The site currently includes a fully renovated (2024) 4,055 SF freestanding structure with a turnkey restaurant, an apartment unit above, and a rare 15-car dedicated side parking lot, providing immediate utility or a high-income holding opportunity while final plans are secured. Located in Jefferson Township (Area 8017) within Chicago School District 299, the property is just blocks from the Harlem-Irving Plaza (HIP) and benefits from the dense, high-income residential demographics ($92k+ median HHI) of the surrounding neighborhood. Excellent proximity to the I-90/294 O'Hare corridor and heavy commuter bus transit makes this an ideal flagship location for national retailers or local developers seeking maximum Northwest Side exposure.

Property Information

Property type

Land

Lot dimensions

50' x 125'

Ownership

Fee Simple

Zoning

COMMR

Days on market

163

MLS^® Listing#

12619294

Property Features

Utilities

Natural Gas Available · Sewer Connected · Water Available · Other · Cable Available

Financial Details

Annual taxes

$16,802Tax year 2024

Parcel number

12242020020000

Directions

W on Irving Park Rd from Harlem Ave. Property is 0.2 miles ahead on the left (SW corner of Irving Park & 75th/Oketo).