5555 Irving Park Rd Chicago, IL 60641

This exceptional 35,524 square foot commercial land parcel presents a remarkable ground-up development opportunity in Chicago's desirable Portage Park neighborhood. Located at the highly visible southeast corner of Irving Park Road and Central Avenue, this property boasts a prime location directly across the street from the expansive 38-acre Portage Park, a significant Chicago public green space. The site's dimensions are approximately 280 feet by 127 feet, offering ample space for a variety of commercial developments. The property is zoned C2-1, providing flexibility for various commercial uses. The significant intersection provides excellent visibility and accessibility, making it an ideal location for businesses seeking high traffic exposure. The 2020 property taxes were $59,139, equating to approximately $1.66 per square foot. The property's location falls within the 38th Ward, Alderman Nicholas Sposato. The paved lot is ready for immediate development, presenting a unique chance to capitalize on the area's growth and strong community presence. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving Chicago neighborhood. The APN is 13-21-100-001 to -010. The asking price for this exceptional property is $2,850,000.