Date
Details
Price
Change
Source
7/30/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,500,000
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Property Description
1 E. CERMAK ROAD is a 15,410 square foot development site is available for sale. This site is located in an Opportunity Zone. Under its current zoning, the property could be developed as retail, a mixed-use TOD building, an office and more. The site is close to the 62-acre riverfront development known as "The 78", which is now planned to be developed as a soccer stadium for the Chicago Fire, it is possible that an intermediate use would be parking. McCormick Place, Wintrust Arena, historic Motor Row, Chinatown and a several new and exciting developments and rehabs.
Full Property Details
Full Property Details for 1 E Cermak Rd
General
- Price: $1,500,000
- Taxes: $9,786 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12434064
- Updated: 12/11/2025
- Added to Site: 170 day(s) ago
Additional Information
- Other Features: Commuter Bus, Commuter Train
Location
- Area: CHI - Near South Side
- County: Cook
- Township: South Chicago
- Driving Directions: At southeast corner of Cermak and State
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Square Feet: 0.07
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 15,410
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 110 x 107.25
- Frontage: City Street
- Frontage Feet: 110
- Street/Road Desc.: Asphalt
- Zoning: COMMR
Financial Considerations
- Tax Amount: $9,786.15
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17271000010000
Listed by Millennium Properties RE, Inc.
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— 1 E Cermak Rd —
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NMLS#: 1598647
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Schools
Schools serving 1 E Cermak Rd
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
National Teachers Elementary Academy 55 West Cermak Road, Chicago, IL 60616 | PK-8 | 0.1 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1 E Cermak Rd
Estimate the Cost
Estimate the Cost for 1 E Cermak Rd
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- Condo / Townhouse
- Active
- Updated 3 days ago
- 2Beds
- 1Total Bath
- 1,100Sq. Ft.
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,381Sq. Ft.
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- Single Family
- Active
- Updated 10 hours ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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![[Address not provided], Chicago, IL 60605 - Photo 1](https://m1.cbhomes.com/p/156/12478547/a547CB0B847a49E/s23cc.webp)
1 E Cermak Road, Chicago, IL 60616 (MLS# 12434064) is a Lots/Land property with a lot size of 0.07 acres. 1 E Cermak Road is currently listed for $1,500,000 and was received on July 30, 2025. Want to learn more about 1 E Cermak Road? Do you have questions about finding other Lots/Land real estate for sale in Near South Side? You can browse all Near South Side real estate or contact a Coldwell Banker agent to request more information.