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    1701 N Kimball Ave Chicago, IL 60647

    Picture of Land at N Kimball Ave 1701, Chicago, IL
    Under Contract
    For Sale
    $250,000

    Land - Chicago, IL

    Lot size:
    0.09 Acres
    Days on Market:
    143
    Last Refresh:
    Dec 7 at 10:06 pm

    Property Features for 1701 N Kimball Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    13354150230000
    Lot size
    0.09 Acres

    Building Details

    Architectural style
    Other

    Dream Town Realty (312) 265-8000 [email protected]

    Listing agent Craig Franzen (312) 265-8000 License #475166332

    Listing date Jul 18, 2025

    MLS# 12142762 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Corner Lot Development Opportunity

    This corner lot presents a development opportunity in a premier location. The lot measures 24.35 feet by 177 feet. With no existing structures requiring demolition, the 0.09-acre site is ready for development. The property is located one block south of the Kimball Arts Center and the 606 Trail, providing access to Logan Square, Palmer Square, and Humboldt Park. The current zoning is RS-3. This property is suited for developers and investors looking to capitalize on the location's growth potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.711299
    Latitude
    41.912012

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    FAQs

    What type of property is this?
    Land - Prime corner lot near Kimball Arts Center and 606 Trail.
    Where is this land located?
    The property is located at 1701 N Kimball Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Prime corner lot location, one block from the Kimball Arts Center and the 606 Trail.; - Expansive lot size: 24.35' x 177'.; - Clean slate: No existing structures to demolish.
    (312) 265-8000
    Request Owner's contact information
    1701 N Kimball Ave Chicago, IL 60647
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    Chicago, IL 60647
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1701 N Kimball Ave Chicago, IL 60647
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