700 S Kedzie Avenue
Chicago, IL, 60612
$1,000,000
Beds
0 Baths
0 SqFt
0.75 Acres
Add
MLS #MRD12734518 image #0
**RARE FULL-BLOCK DEVELOPMENT & INVESTMENT OPPORTUNITY – 700-720 S. KEDZIE AVE.** Exceptional opportunity for a developer, investor, nonprofit, institutional user or community-focused development team to control approximately **33,000 SF (.75+ acre) across SIX CONTIGUOUS PARCELS under one ownership**, providing approximately **264 feet of Kedzie Avenue frontage** and the scale, visibility and flexibility increasingly difficult to assemble in Chicago. Zoned **PD 999 (Planned Development)**, this site presents compelling long-term upside for a qualified buyer capable of pairing a strong development concept with City, political and community support. Potential concepts worth investigating include **multifamily or affordable/workforce housing, mixed-income development, senior housing, institutional/educational uses, healthcare, community-serving development or other thoughtfully conceived projects**, subject to zoning and governmental approvals and any required amendment to the existing Planned Development. **THE FINANCIAL OPPORTUNITY IS IN THE SCALE:** nearly 33,000 contiguous SF creates multiple potential paths to value creation through redevelopment, income-producing residential development, institutional use, land banking and potential public/private development partnerships. Qualified purchasers should independently investigate available **TIF, affordable-housing, tax-credit, grant and other City/State economic-development programs** that may potentially improve project feasibility; no incentive or funding is represented or guaranteed by Seller. Importantly, prospective purchasers are encouraged to engage early with **28th Ward Alderman Jason C. Ervin, the City of Chicago and community stakeholders** regarding any proposed redevelopment. Based upon feedback received during prior marketing, **a gas-station concept was not favored**, creating an opportunity for a capable development team to bring forward a stronger neighborhood-serving vision. Strategically positioned just south of Harrison Street, **minutes from I-290/Eisenhower Expressway and Downtown Chicago**, with public-transit connectivity, major Kedzie frontage and the **Chicago Police Department’s 11th District station nearby**, the property offers exceptional regional accessibility. Seller understands that maximizing this site’s potential requires the **right buyer, capitalization, development plan and community/political relationships** and is prepared to negotiate a fair transaction with a financially capable purchaser positioned to execute. **BRING YOUR ARCHITECT, CAPITAL PARTNERS AND VISION-SELLER IS READY TO REVIEW SERIOUS OFFERS.** Buyer to independently verify zoning, PD requirements, allowable uses, density, utilities, environmental conditions, taxes, incentives and all governmental/community approvals.

Property Details

Price:
$1,000,000
MLS #:
MRD12734518
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chieastgarfieldpark
Listed Date:
Aug 16, 2026
Chi – East Garfield ParkChieastgarfieldpark

Ask a Question

See this Listing

Send
  

Schools

School District:
299

Interior

Exterior

Financial

Tax Year
2024
Taxes
$9,591

Map

Community

Market Summary

Current real estate data for Land in Chicago as of Oct 10, 2026
1,578
Land Listed
192
Avg DOM
$137,258
Avg List Price

Property Summary

    700 S Kedzie Avenue Chicago IL is a Land for sale in Chicago, IL, 60612. It is listed for $1,000,000 and features 1 acres.

Similar Listings Nearby

broker reciprocity
MLS# MRD12560197broker reciprocity
4675 S Archer Avenue
Chicago, IL

$1,199,000

4.5 miles away

broker reciprocity
MLS# MRD12686125broker reciprocity
2452 W Harrison Street
Chicago, IL

$1,100,000

0.9 miles away

broker reciprocity
MLS# MRD12605924broker reciprocity
1812 W Grand Avenue
Chicago, IL

$1,100,000

2.1 miles away

broker reciprocity
MLS# MRD12774009broker reciprocity
5100 S Sacramento Avenue
Chicago, IL

$1,045,000

5.0 miles away

broker reciprocity
MLS# MRD12723716broker reciprocity
1431 W Roosevelt Road
Chicago, IL

$999,000

2.3 miles away

broker reciprocity
MLS# MRD12773953broker reciprocity
3319 W Fullerton Avenue
Chicago, IL

$924,000

3.6 miles away

broker reciprocity
MLS# MRD09604507broker reciprocity
5155 S Archer Avenue
Chicago, IL

$900,990

3.3 miles away

broker reciprocity
MLS# MRD11972483broker reciprocity
2922-2926 S Wentworth Avenue
Chicago, IL

$875,000

4.4 miles away

broker reciprocity
MLS# MRD12676208broker reciprocity
3401 Ridgeland Avenue
Berwyn, IL

$860,000

4.9 miles away

700 S Kedzie Avenue
Chicago, IL