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For saleVerified: documents reviewed by our legal team on 28 July 2026

Development site near the West Loop

ChicagoArea guide

Ref HV-10075
$1.5M

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Lot size
0.8 acres
Condition
Good

About this property

A 0.8-acre vacant site on a corner lot near the West Loop, zoned for mixed-use development of up to six storeys, with a Phase I environmental report available.

The plot extends to 0.8 acres of commercial land. Features include 0.8-acre corner site, Zoned for mixed use up to six storeys and phase i environmental report available.

Chicago is the Midwest’s largest city, with a lakefront skyline and some of the most affordable big-city housing in North America. The nearest transport link is CTA L trains (subway), and Magnificent Mile is the main place to shop and eat.

The asking price is $1,450,000. Annual property tax is about $30,450. Budget roughly 3.5% of the price for closing costs, taxes and legal fees.

To arrange a viewing or ask about the next steps, contact Ethan Walsh at Halvenor Realty.

  • 0.8-acre corner site
  • Zoned for mixed use up to six storeys
  • Phase I environmental report available
  • Near the Green Line

Cost breakdown

Estimated purchase cost
Purchase price$1,450,000
Estimated closing costs (3.5%)Taxes, legal and registration fees$50,750
Estimated total$1,500,750
Annual ownership costs
Property tax$30,450

Figures come from the seller or agent and are estimates, not a quote. Taxes, fees and rates change; confirm the final amounts before you commit.

Disclosures & verification

Tenure
Fee simple
Property tax
$30,450 per year
Verification
Verified listingDocuments reviewed by our legal team on 28 July 2026

Ask about this property

Location

146 Fulton Yard, Chicago · Near CTA L trains

Median sale price
$365,000
Change, year on year
+4.2%
Typical days on market
40
Demand
High
Read the Chicago area guide

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