Redevelopment
34 Acres
Purchased in 2012, this 32-acre site located at the Corner of 35th Street and South Ashland Avenue in Chicago, Illinois was once home to the Wrigley Gum Manufacturing Plant. The site is located in a densely populated and developed corridor and was rezoned for retail and commercial use in 2014. In September of 2014 we sold the Northeast 12 acres located at 35th & Iron Street to ComEd for their future state of the art training facility. The remaining 18 acres are ideal for retail developments, which are needed in the Bridgeport Neighborhood.
Site Features
- Asset Type: Land
- SqFt: 1,393,920
- Original Site Size: 32 Acres
- Sold: 12 Acres
- Remaining Site: 18 Acres
- Acquired: 2012
- Zoning: PMD 8, Subdistrict B
- Permitted Uses: Commercial, Office, Retail
Property Details
- 36,800 ADT
- Future Big Box Anchor Retail Location
- Centrally located between Bridgeport, Back of Yards, & McKinley Park
- Close proximity to I-55 & Dan Ryan Expressways