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Listing provided courtesy of McAllister Real EstateMREDas Distributed by MLSGrid- MLS# 12483303MLS Provider

1223 W Lake StreetChicago, IL 60607

Vacant Land
$3,600,000 Active

1223 W Lake Street Overview

Time on Site:
273 days
Visits:
5

Land situated in the city's core, ideal for various purposes! There's limited land available, particularly on the booming near west side! Located near the L and nestled within the Fulton Market District, it's the perfect spot to realize your vision! This area is surrounded by an array of new mixed-use buildings, condominiums, luxury apartments, and refurbished industrial buildings, offering a trendy atmosphere with a plethora of amenities, all just a stone's throw from Downtown.

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1223 W Lake Street Facts & Features

  • Type Vacant Land

Details

General

School Information

  • School District: 299

Business Information

  • Current Use: Commercial,Industrial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Near West Side
  • Township: West Chicago

Tax Information

  • Tax Annual Amount: $8,258.14
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 17083260080000
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 72
  • Frontage Type: Public Road
  • Lot Size Dimensions: 72X181
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Water Available

1223 W Lake Street Neighborhood

Community

60607 (Chicago) Demographics

30
Median Age
13,054
Population Density (per sq. mile)
82%
College Educated
$103,173
Estimated Median Income
5,713
Estimated Total Home Owners
7,819
Estimated Total Renters
42% / 58%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1223 W Lake Street Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1223 W Lake Street Market Data

Based on the last 30 days in this zip code

$851,912
Average List Price
$685
Average Price per Square Foot
43
Properties Sold
58
Average Days on Market
175
Properties for Sale
Calculations provided by Reliance Network

1223 W Lake Street History

Date Event Value Agent
10/4/2025Source: MRED Status Change
Active
9/29/2025Source: MRED Added to Database
September 29, 2025