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Chicago Land for Sale
Land For Sale in Chicago
Chicago is recognized for its significant infrastructure, including its role as a major railroad center and the location of O'Hare International Airport, one of the busiest airports globally. This positions the city as an important hub for transportation and commerce, making it a prime location for land investments and offering substantial development opportunities in commercial real estate. The city's education system, with institutions such as the University of Chicago and Northwestern University, contributes to a skilled workforce, attracting both new and established businesses. Additionally, Chicago's location along Lake Michigan has played a role in its growth and development, offering strategic opportunities for various real estate investments. With listings of land for sale, investors have ample choices to leverage the city's economic diversity and cultural richness.
In Chicago, the land for sale offers potential for development due to the city's comprehensive transportation network and strong economic landscape. Industrial properties benefit from Chicago's logistic hub status, ideal for distribution centers and manufacturing facilities. Warehouses are supported by the wide-ranging transportation infrastructure, which includes railroads and highways, aiding in the efficient movement of goods. Specialty properties, like mixed-use buildings or cultural institutions, find a supportive environment in Chicago, enhanced by its arts scene and diverse population. Residential income properties present an opportunity to engage with the city's large rental market, driven by a substantial workforce and student body.
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Size Summary For Chicago Land
| Land Size | Square Feet |
|---|---|
| Maximum | 943,067 SF |
| Average | 126,945 SF |
| Minimum | 9,573 SF |
Prices for Chicago Land
| Land Price | Price Per SF |
|---|---|
| Maximum | $299 Per SF |
| Average | $173 Per SF |
| Minimum | $1 Per SF |
Commercial Real Estate Explained
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