Prime 6,250 SF (50' x 125') corner development site situated on a high-visibility signalized-adjacent corner in Chicago's thriving Belmont Heights/Dunning corridor. This strategic 0.16-acre lot offers 50 feet of frontage on Irving Park Road, a major Northwest Side artery with traffic counts exceeding 18,000 VPD. Zoned C1-2 (Neighborhood Commercial), the property provides broad flexibility for retail, professional office, or medical use, with the added potential for multi-story mixed-use development featuring residential units above ground-floor commercial. The site currently includes a fully renovated (2024) 4,055 SF freestanding structure with a turnkey restaurant, an apartment unit above, and a rare 15-car dedicated side parking lot, providing immediate utility or a high-income holding opportunity while final plans are secured. Located in Jefferson Township (Area 8017) within Chicago School District 299, the property is just blocks from the Harlem-Irving Plaza (HIP) and benefits from the dense, high-income residential demographics ($92k+ median HHI) of the surrounding neighborhood. Excellent proximity to the I-90/294 O'Hare corridor and heavy commuter bus transit makes this an ideal flagship location for national retailers or local developers seeking maximum Northwest Side exposure.
New
$1,000,000
7455 W Irving Park Rd, Chicago, IL 60634
--beds
--baths
6,250Square Feet
Unimproved Land
Built in ----
6,250 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
High-visibility signalized-adjacent corner
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Zillow last checked: 8 hours ago
Listing updated: January 30, 2026 at 08:01am
Listing courtesy of:
Thoma Socrates Panos 847-275-7818,
Pearson Realty Group
Source: MRED as distributed by MLS GRID,MLS#: 12557713
Facts & features
Property
Features
- Frontage type: Paved
- Frontage length: 50
Lot
- Size: 6,250 Square Feet
- Dimensions: 50' x 125'
Details
- Additional parcels included: 12242020010000
- Parcel number: 12242020020000
- Zoning: COMMR
- Special conditions: List Broker Must Accompany
Utilities & green energy
- Sewer: Storm Sewer
- Water: Municipal Water
- Utilities for property: Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Other, Cable Available, Fiber
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Annual tax amount: $13,879
- Date on market: 1/30/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Listed for sale | $1,000,000 |
Source: | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: Belmont Heights
Nearby schools
GreatSchools rating
- 7/10Dever Elementary SchoolGrades: PK-8Distance: 0.7 mi
- 1/10Steinmetz Academic Centre High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- District: 299
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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