
1217 East Thacker Street
1217 E Thacker St, Des Plaines, IL, 60016-6412, US
1.76 ha
Jones Lang LaSalle Americas (Illinois), L.P. (“JLL”), on behalf of Ownership, has been exclusively retained to offer for sale to qualified investors the opportunity to purchase a 100% fee-simple interest in an infill development opportunity located at 3819 N. Kedzie Avenue in Chicago, Illinois (the “Property”). The Property is a 14,090 square-foot land site currently entitled for a 50-unit residential apartment development with approximately 50,695 square feet of buildable area. Current approved plans call for an additional enclosed 28 parking spaces.
Located in the Irving Park East Neighborhood, this is a rare opportunity to acquire a development site that features more than 112 feet of frontage on Kedzie and sits roughly at the intersection of Kedzie and Grace, just two blocks north of the Elston/ Addison/Kedzie 6-way intersection anchored by Elston Plaza (Jewel-Osco anchor). The Property is ideally positioned in one of Chicago’s most established and family-friendly neighborhoods with excellent connectivity to major employment centers and multiple modes of transportation. The site is within a short distance of the I-90/I-94 Kennedy Expressway, with easy access heading both east and west. Further, it’s within walking distance to Addison Mall (Target-anchored shopping center), Home Depot, Floor and Decor, Portillo’s,s and Chick-fil-A, amongst many other retailers.
The Property boasts strong demographics with a population over 500K and an average household income in excess of $100,000 within three miles, and a population of over 1.1 million and an average household income in excess of $133,000 within five miles. Additionally, the Property is approximately 6.8 miles from the Downtown Chicago Business Loop and approximately 12 miles from O’Hare International Airport.