Listing provided courtesy of E-Professional RealtyMREDMLS# 12651568MLS Provider
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Attention investors, and business owners - this is a rare commercial opportunity in Chicago's rapidly evolving West Humboldt Park neighborhood. Introducing seven continuous vacant lots located at 1620-1632 N. Lowell Ave., offering outstanding visibility, flexibility, and long-term upside for a commercial or mixed-use project. Zoned B1-1 Neighborhood Shopping District, these properties are specifically positioned for neighborhood retail, storefront businesses, service establishments, offices, restaurants, cafes, convenience retail, and other commercial uses designed to serve the surrounding community. The zoning also allows for residential units above commercial space, making this an ideal opportunity for a modern mixed-use development with income-producing potential. With a combined total of approximately 22,050 sq. ft., and seven individual PINs measuring 25 x 126.7 each, the site offers flexibility for phased development, multiple storefront concepts, or a larger-scale commercial project. This is the type of location perfectly suited for developers looking to capitalize on Chicago's growing demand for walkable neighborhood retail corridors with residential support above. Strategically located near CTA transportation, Metra access, parks, schools, restaurants, shopping, and major neighborhood amenities, this location offers excellent accessibility and strong future growth potential. Whether your vision includes retail storefronts with apartments above, office space, service-oriented businesses, or a mixed-use investment property, these lots provide the foundation for a high-impact commercial development in an emerging market. Seller prefers to sell all seven lots together. Opportunities like this are hard to find - bring your vision to West Humboldt Park today.

Source: MRED, MLS#: 12651568

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1620-32 N LOWELL Avenue


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School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/23/2026Source: MRED Status Change
Active
5/18/2026Source: MRED Added to Database
May 18, 2026