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$350,000
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Property Description
Pleased to present a development opportunity in the Montclare neighborhood of Chicago. The property, situated on a 14,810 SF (0.34 acre) lot, offers significant potential for developers. Located on a busy corner with substantial foot and vehicle traffic, the property provides substantial exposure for new development. The lot spans 14,810 SF (0.34 acres), offering space for various development possibilities and is zoned C2-2, accommodating a range of commercial and residential uses. The existing 12,200 SF building is currently used as retail and office space, providing interim rental income or redevelopment options. With 128 feet of frontage on Irving Park Rd, the property ensures visibility and accessibility, making it suitable for projects such as condos, mixed-use developments, or other commercial ventures. There is an 18,000 VPD (Vehicle Per Day) count on Grand Ave. and Harlem Ave., enhancing traffic exposure. The property is located near newer developments, a wide range of stores, and amenities including public transportation for both the CTA and Metra; two blocks from Metra Mont Clare station. Situated in the Montclare neighborhood, known for its community-oriented atmosphere and market demand, this property offers an opportunity for developers to create a significant project. For further details please contact the listing broker.
Full Property Details
Full Property Details for 7150 W Grand Ave
General
- Sold For: $350,000
- Taxes: $44,909 (2022)
- Status: Closed
- Type: Lots/Land
- Source: MRED
- MLS ID: 12412403
- Added to Site: 262 day(s) ago
Location
- Area: CHI - Montclare
- County: Cook
- Driving Directions: Located on the northwest corner of Grand Ave. and Neva Ave.
- Location Details: Corner, Mixed-Use Area
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Current Bldg. Use: Retail
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 128 x 125 x 99 x 128
- Frontage: City Street
- Frontage Feet: 128
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Condominium, Other
Financial Considerations
- Tax Amount: $44,909
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 13303240290000
Listed by Keller Williams ONEChicago
Sold by Realty Executives Midwest
Get Pre-Approved Today
Schools
Schools serving 7150 W Grand Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Locke J Elementary School 2828 North Oak Park Avenue, Chicago, IL 60634 | PK-8 | 0.7 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7150 W Grand Ave
Date
Details
Price
Change
Source
3/13/2026
Sold
$350,000
-6.67%
MLS
10/15/2025
Price Reduced
$375,000
-24.24%
MLS
7/07/2025
Listed
$495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7150 W Grand Avenue, Chicago, IL 60707 (MLS# 12412403) is a Lots/Land property that was sold at $350,000 on March 13, 2026. Want to learn more about 7150 W Grand Avenue? Do you have questions about finding other Lots/Land real estate for sale in Montclare? You can browse all Montclare real estate or contact a Coldwell Banker agent to request more information.

