7455 W. Irving Park Road
NEW PRICE 0.16 Acre Prime Corner Development | 26K+ VPD | Harlem-Irving Corridor
Marketing description
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.
Investment highlights
- Prime Corner Visibility: High-impact 50' x 125' corner lot situated at the signalized-adjacent intersection of Irving Park Rd and 75th Ave/Oketo Ave.
- Massive Traffic Counts: Strategically positioned on a major east-west artery with 26,000+ Vehicles Per Day (VPD).
- Retail Gravity: Located in the heart of the Harlem-Irving Corridor, just blocks from the Harlem-Irving Plaza (HIP), Target, Kohl’s, and Best Buy.
- Flexible Zoning: Allows for a wide range of high-intensity uses, including retail, restaurant, medical office, or multi-family residential development.
- Existing Infrastructure: Site currently features a 4,055 SF footprint with updated utilities—ideal for a "re-use" play or a clean scrape for a brand-new pad site.
- Rare On-Site Parking: Includes a paved +15-car private parking lot, a massive competitive advantage for any Northwest Chicago commercial development.
- Strong Demographics: Surrounded by the densely populated and stable Schorsch Village neighborhood, providing a loyal, high-discretionary-income customer base.
- Superior Accessibility: Located just 15 minutes from O’Hare International Airport and easy access to the I-90/I-94 expressway system.
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