Commercial Land
1225 West School Street Chicago, IL 60657

Details & Description

Price: $6,500,000

SVN Chicago Commercial is pleased to present the opportunity to acquire a premier development site located at 1225-39 W School St and 1234 W Melrose Ave in Chicago’s highly desirable Lakeview neighborhood. The 41,685 square foot irregular site has 224 square feet of frontage along West School St, 269 feet along the alley and 78 square feet along West Melrose Ave.The property is currently under a Planned Development. Plans were approved for a 28-Townhome development. The property is being sold As-Is subject to existing environmental issues. Environmental reports and information are available upon request.HighlightsPrime Lakeview LocationDevelopment Site 41,685 SqFtBurley School District

Property ID: 219490
Property URL: melqr.com/219490
Generated: 04-28-24

Listing Agents

Jeffrey Baasch

O: 312-676-1873
M: 312-286-0141
Jeffrey.baasch@svn.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Commercial Land / Illinois / Chicago / 60657 / 1225 West School Street

1225 West School Street

Chicago, IL 60657

Listing ID: 219490

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Building Size: --

Lot Size: 0.957 AC

Land Size: 41,685 SF

Building $/SF:

Land $/SF: $155.93

Price

$6,500,000

Description

SVN Chicago Commercial is pleased to present the opportunity to acquire a premier development site located at 1225-39 W School St and 1234 W Melrose Ave in Chicago’s highly desirable Lakeview neighborhood. The 41,685 square foot irregular site has 224 square feet of frontage along West School St, 269 feet along the alley and 78 square feet along West Melrose Ave.
The property is currently under a Planned Development. Plans were approved for a 28-Townhome development. The property is being sold As-Is subject to existing environmental issues. Environmental reports and information are available upon request.
Highlights
Prime Lakeview Location
Development Site 41,685 SqFt
Burley School District

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Chicago History of Commercial Land for Sale

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Listing Demographics for 1225 West School Street Chicago, IL 60657

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		97,129	502,531	1,153,899
Population Median Age		33	36	37
Population by Age	0-9 Yrs	9419 (9%)	48388 (9%)	115725 (10%)
	10-19 Yrs	4576 (4%)	29785 (5%)	95472 (8%)
	20-29 Yrs	31506 (32%)	125847 (25%)	253036 (21%)
	30-39 Yrs	24478 (25%)	119801 (23%)	246738 (21%)
	40-49 Yrs	10218 (10%)	61649 (12%)	142810 (12%)
	50-59 Yrs	7774 (8%)	46471 (9%)	120214 (10%)
	60-69 Yrs	5208 (5%)	36509 (7%)	98206 (8%)
	70+ Yrs	3951 (4%)	34081 (6%)	81699 (7%)

Median HH Income		$103,495	$89,340	$79,835
Total Household Income	< 24K	5058 (10%)	34515 (14%)	88887 (17%)
	25-49K	5927 (12%)	34345 (14%)	83428 (16%)
	50-74K	6615 (13%)	34736 (14%)	75950 (14%)
	75-99K	5441 (11%)	29652 (12%)	60890 (11%)
	100-199K	13537 (28%)	65796 (27%)	132248 (25%)
	200K+	10789 (22%)	42168 (17%)	78688 (15%)

Highest Education Level	No Diploma	1741	22682	83280
	Diploma or GED	3588	38155	115028
	Some College	5249	39208	103382
	Assoc. Degree	2075	14729	37028
	Bachelors Degree	34459	158703	294452
	Higher Degree	23861	110007	217499

Total Housing Units		51,318	264,224	583,037
--Owner-Occupied		19,407	98,284	210,805
--Renter-Occupied		27,960	142,927	309,286
Owner-Occupied Values	< 100K	307	2213	7955
	100-199K	1379	8883	26129
	200-299K	2425	16581	42000
	300-399K	2536	16571	37897
	400-499K	2854	13937	27417
	500K+	9906	40099	69408

Total Working Age Population		84,476	434,963	985,983
In Work Force		71,901	341,890	727,608
Not In Work Force		12,575	93,073	258,376
Workforce Employed		69,957	330,926	695,257
Workforce Unemployed		1,943	10,888	32,084
Civlian Workforce		71,900	341,814	727,340
Military Workforce		1	77	267

Total Households		47,367	241,211	520,091
Family Households		16,771	93,513	225,606
Non-Family Households		30,596	147,699	294,486
Married Couple		14,349	75,114	168,562
Other Family		2,422	18,399	57,044
Married w/Child		6,449	30,537	64,049
Single Male w/Child		323	2,030	6,238
Single Female w/Child		754	5,852	18,498

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1225 West School Street in Chicago?

The asking price for 1225 West School Street is $6,500,000

How much land does the Chicago, IL property at 1225 West School Street include?

1225 West School Street in Chicago includes 0.957 acres of land

What kind of Land is the propery at 1225 West School Street?

The property at 1225 West School Street Chicago, IL 60657 is listed as a Apartment Land Land property

What is the population within 1 mile of 1225 West School Street in Chicago?

The population within 1 mile of 1225 West School Street Chicago, IL 60657 is 97,129 people.

Who do I contact for questions about 1225 West School Street?

You should contact the listing agent, Jeffrey Baasch, for any details regarding this commercial listing.

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2161 North Milwaukee Avenue, Chicago, IL	$850,000	-	0.36
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Closest Commercial Airports

Airport	Distance (mi)
Chicago Midway International Airport (MDW)	12
Chicago O'Hare International Airport (ORD)	13
General Mitchell International Airport (MKE)	71