Chicago, IL, 60659
$8,900,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12451474 image #0
Former Ford Motor Car Dealership-Exceptional Redevelopment Opportunity Rare opportunity to acquire this high-visibility, high-traffic corner site that is ideal for a wide range of uses. The former Ford Motors Car dealership location, approximately 50,000 Sq. ft. land site includes a 31,000 sq. ft. building and ample parking, located on the prominent corner of Western Ave just north of Devon Ave. Positioned directly across from Warren Park and block away from Honda car dealership. The existing facility is well-equipped to support car dealership, automotive-related businesses offering a repair shop, body shop, car wash, and Auto-parts department. However, the site also offers significant redevelopment potential for a variety of commercial or mixed-use projects. Dedicated parking lot. Excellent Western Ave. frontage. Minutes from Lake Shore Drive, major roads, and interstates. Potential benefits from inclusion in a Tax Increment Financing (TIF) District. This is one of the few remaining large parcels in the area with such diverse possibilities, perfect for auto dealerships, service centers, or redevelopment into retail, banquet, or mixed-use space. The site enjoys outstanding exposure and accessibility. Don’t miss this rare opportunity to own or invest in a prime corner site in a vibrant, high-demand corridor.

Property Details

Price:
$8,900,000
MLS #:
MRD12451474
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Business
Neighborhood:
chiwestridge
Listed Date:
Dec 2, 2025
Total Sq Ft:
31,163
Chi – West RidgeChiwestridge

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Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick, Concrete
Roof
Rubber
Stories
1

Financial

Tax Year
2024
Taxes
$69,000

Map

Community

Market Summary

Current real estate data for Business in Chicago as of Oct 04, 2026
114
Business Listed
254
Avg DOM
$956,374
Avg List Price

Property Summary

    Chicago IL is a Business for sale in Chicago, IL, 60659. It is listed for $8,900,000

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