224-328-1274
, Chicago, IL for Sale
Land - FOR SALE
1/9

Portfolio of 800± Land Sites
Chicago, IL


HIGHLIGHTS

  • Located in dense urban areas, offering strong potential for residential & commercial development
  • Set within target City neighborhoods poised for revitalization
  • Areas that benefit from state funding & economic incentives
  • Zoning uses include: residential, commercial & industrial

OVERVIEW

Hilco Real Estate presents the sale of 800± vacant lots located across Chicago’s West & South Side neighborhoods. Subject to Bankruptcy Court approval. U.S. Bankruptcy Court, Northern District of Illinois Eastern Division, Case No. 24-bk-15381, In re: B.A.S.S. & M., Inc. The qualified bid deadline is March 7 by 5:00 p.m. (CT) with the qualified bidder notification deadline being March 12 by 12:00 p.m. (CT). If necessary, an auction will be held March 19 at 12:00 p.m. (CT). This unique acquisition opportunity features over 800 parcels in Chicago’s West and South Side neighborhoods. Located along iconic streets such as Lake Street, Pulaski Road and State Street, these parcels vary in zoning—residential, commercial, and industrial—offering flexible opportunities for mixed-use developments, housing projects or strategic investments. Notably, the largest land assemblage spans 36,530± SF across five adjacent lots in the 5600 block of South State Street. These emerging neighborhoods benefit from their proximity to major landmarks such as the United Center, the Obama Library and the planned CTA Red Line extension, as well as IBM's Illinois Quantum and Microelectronics Park development. With support from initiatives like Chicago’s INVEST South/West program and Illinois’ statewide affordable housing efforts, these areas are undergoing transformative growth. Strategic city and state support make Chicago’s West and South Sides a prime opportunity to capitalize on revitalization efforts and contribute to vibrant, evolving communities.

ASK ABOUT THIS PROPERTY

Stephen MaduraHilco Real EstateMore Info
224-328-1274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Stephen MaduraHilco Real EstateMore Info
224-328-1274

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.