Fulton Market Land for Sale

Fulton Market Land for Sale

Welcome to Fulton Market, one of Chicago's most vibrant and rapidly evolving neighborhoods, nestled in the heart of Cook County, Illinois. Once a hub for the meatpacking industry, Fulton Market has transformed into a dynamic locale brimming with trendy restaurants, chic boutiques, and innovative art galleries. This area is not just about its rich history; it’s a testament to the city’s ability to reinvent itself while preserving its unique character.

Fulton Market is renowned for its eclectic mix of culinary delights, from gourmet eateries to artisanal coffee shops, making it a food lover's paradise. The streets are alive with energy, drawing both locals and visitors alike to experience its bustling atmosphere. The neighborhood is also home to a thriving arts scene, with murals and installations that reflect the creativity and spirit of its residents.

For those looking to invest in this burgeoning area, there is land for sale that presents an exceptional opportunity. Whether you envision developing a modern residential complex, a boutique hotel, or a unique commercial space, the possibilities are endless in Fulton Market. The neighborhood's strategic location near public transit and major highways ensures easy accessibility, making it an attractive choice for both businesses and residents.

As Fulton Market continues to evolve, now is the perfect time to explore the potential of this exciting neighborhood. Embrace the chance to become a part of a community that is not only rich in history but also poised for a bright and innovative future. Discover your next investment opportunity in Fulton Market today!

Newest Fulton Market Land for Sale

$6,950,000
12338751 MLS ACTIVE Status
PRICE REDUCED! SVN CHICAGO COMMERCIAL is pleased to offer for sale a renowned 18,000 SF hospitality venue in Chicago's dynamic Fulton Market neighborhood. Specializing in live music with a full-service commercial kitchen, large bar/ restaurant space and a 2nd floor catering facility with a large outdoor deck and parking for 25 cars, the property, located at 1375 W Lake Street, has been the longtime home of "Bottom Lounge". In addition to the opportunity to own and operate the existing facility, this +/- 23,000 SF land site is also prime for redevelopment into a mid or hi-rise residential or mixed-use property. It's currently zoned C1-3 but sits in the "Downtown Expansion-West" area as well as being in a TOD (Transit Oriented Development) zone, both of which allow for increases in density and parking relief for vertical multi-family development. The property is positioned in the midst of many recent and soon-to-come high-rise residential, mixed-use, office, lifescience, hotel, etc., properties and is suitable for many different types of re-development. The current ownership is in a position to afford a developer some time for re-zoning the property to suit their needs. Additionally, the business (Bottom Lounge), will continue to operate for a period of time and is open to entertaining a short-term sale-leaseback. This is a rare opportunity to acquire a large development site in one of the most sought-after sub-markets in the entire country.

1375 W Lake Street, Chicago

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