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5426 S Lockwood Ave
2.94 Acres of Commercial Land Offered at $2,490,000 in Chicago, IL 60638
Executive Summary
Existing buildings ±44,000 SF (21,500, 17,000, 5,600)
Current zoning RS-3 – contact broker for rezoning possibilities
Across from Midway Airport/Southwest Airlines
Easy access to I-55 (Cicero/Central interchanges)
Short trip to downtown, I-294, I-90/94 interchanges
Deed restrictions apply - contact broker for details
Great location for education use (school), multifamily/single family/mixed-use development
Asking Price: $2,490,000
Property Facts
| Price | $2,490,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| Sale Conditions | Redevelopment Project | Total Lot Size | 2.94 AC |
| No. Lots | 1 | Parcel Numbers | |
| Property Type | Land |
| Price | $2,490,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.94 AC |
| Parcel Numbers |
1 Lot Available
Lot
| Price | $2,490,000 | Lot Size | 2.94 AC |
| Price Per AC | $846,939 |
| Price | $2,490,000 |
| Price Per AC | $846,939 |
| Lot Size | 2.94 AC |
A lot located in a well-established residential neighborhood, offering convenient access to local parks, schools, and amenities. Ideal for residential development or investment opportunities.
Description
This property is located in a peaceful, well-established neighborhood known for its family-friendly environment and close-knit community. Surrounded by local parks, schools, and convenient shopping, the area provides a perfect blend of suburban comfort and urban accessibility. The land itself is a prime opportunity for residential development, featuring level terrain and ample space for creative planning. With its proximity to major roads and public transportation, this location is ideal for those looking to build or invest in a thriving, convenient community.
zoning
| Zoning Code | RS-3 (Residential Single-Unit District) |
| RS-3 (Residential Single-Unit District) |
Presented by
5426 S Lockwood Ave
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