518-522 S Western Avenue is a rare 3-parcel assemblage totaling 6,132 SF strategically positioned within one of Chicago's most dynamic and rapidly evolving corridors, benefiting directly from the transformational growth surrounding the United Center and the multi-billion-dollar 1901 Project. This large-scale redevelopment will introduce new residential density, retail, hospitality, entertainment venues, and activated public spaces, fundamentally reshaping the immediate area and driving sustained increases in foot traffic, consumer demand, and long-term property values along the Western Avenue corridor. The surrounding neighborhood continues to experience meaningful mixed-use and residential new developments, reinforcing its transition toward higher-density, transit-oriented growth. Ongoing land sales and redevelopment activity in the immediate vicinity further validate investor confidence and signal continued capital… Read More inflow into the submarket. The property's mixed-use positioning and zoning capacity, allowing for up to 15 residential units above a retail unit, creates a highly flexible opportunity to capitalize on this growth trajectory. The site is well-suited for a thoughtfully designed mixed use redevelopment that leverages strong residential demand driven by proximity to the Illinois Medical District, surrounding employment hubs, and expanding neighborhood amenities. Simultaneously, its prominent Western Avenue frontage, strong traffic counts, and existing outdoor space provide the ability to incorporate a highly visible retail or restaurant component that benefits from daily workforce demand and event-driven traffic from the United Center. Read Less
IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.