1620-32 N LOWELL Avenue
Chicago, IL, 60639 $ 719,000
Baths0.0 Monthly Estimate*
$ 4,427
Studio for $719,000.
Attention developers, investors, and business owners - this is a rare commercial development opportunity in Chicago's rapidly evolving West Humboldt Park neighborhood. Introducing seven continuous vacant lots located at 1620-1632 N. Lowell Ave., offering outstanding visibility, flexibility, and long-term upside for a commercial or mixed-use project. Zoned B1-1 Neighborhood Shopping District, these properties are specifically positioned for neighborhood retail, storefront businesses, service establishments, offices, restaurants, cafes, convenience retail, and other commercial uses designed to serve the surrounding community. The zoning also allows for residential units above commercial space, making this an ideal opportunity for a modern mixed-use development with income-producing potential. With a combined total of approximately 22,050 sq. ft., and seven individual PINs measuring 25 x 126.7 each, the site offers flexibility for phased development, multiple storefront concepts, or a larger-scale commercial project. This is the type of location perfectly suited for developers looking to capitalize on Chicago's growing demand for walkable neighborhood retail corridors with residential support above. Strategically located near CTA transportation, Metra access, parks, schools, restaurants, shopping, and major neighborhood amenities, this location offers excellent accessibility and strong future growth potential. Whether your vision includes retail storefronts with apartments above, office space, service-oriented businesses, or a mixed-use investment property, these lots provide the foundation for a high-impact commercial development in an emerging market. Seller prefers to sell all seven lots together. Opportunities like this are hard to find - bring your vision to West Humboldt Park today.
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FeaturesGeneralUtilities Electricity Nearby Electric to Site Natural Gas Nearby Sewer Nearby Water Nearby
Possession Closing
Zoning COMMR
Township Jefferson
Tax Year 2024
Current Use Other
Ownership Fee Simple
Additional Parcels Description 13344230230000 13344230220000 13344230210000 13344230200000 13344230190000 13344230180000
County Cook
Property Type Land Land
Possible Use Commercial
Status New
Directions NORTH AVE TO LOWELL N TO LOT
City Chicago
High School District 299
MLS Area CHI - Humboldt Park
Tax Annual Amount 15855.12
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement None
Total Baths 0
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ExteriorWater Source Municipal Water
Total Parking 0
Lot Dimensions 25X126.7
Road Surface Type Asphalt
Frontage Length 25
Frontage Type City Street Alley Access Paved
Waterfront Y/N N
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* Excluded FeaturesList ByE-Professional RealtyBroker
llje13@yahoo.com;llje13@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,427
- Monthly Property Taxes
- $1,321
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Chicago, IL
Average List Price $296,132
Percent of Sale Price 59%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/18/2026 | $719,000 | | Listed Price |