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    2922-2926 S Wentworth Ave Chicago, IL 60616

    For Sale
    $880,000

    Land - Chicago, IL

    Lot size:
    0.21 Acres
    Days on Market:
    430
    Last Refresh:
    Dec 7 at 11:06 pm

    Property Features for 2922-2926 S Wentworth Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    17284270290000
    Lot size
    0.21 Acres

    Building Details

    Architectural style
    Other

    Remax of Naperville (630) 420-1220 [email protected]

    Listing agent Richard Pan (630) 420-1220 License #475132879

    Listing date Oct 4, 2024

    MLS# 11972483 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

    Chinatown Vacant Lots For Sale

    Three vacant lots are available in Chinatown, totaling 75x125. The zoning is B1-3, which allows for a mix-used storefront and condo/apartments. Verification with the city of Chicago is recommended to confirm specific development options. The location offers proximity to major transportation routes, including 90/94 and 55, providing access to downtown and other major highways. The Chicago White Sox Guaranteed Rate Field is located less than one mile away.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6314048
    Latitude
    41.8409482

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    FAQs

    What type of property is this?
    Commercial land - Three contiguous lots in Chinatown, zoned for mixed-use development.
    Where is this commercial land located?
    The property is located at 2922-2926 S Wentworth Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $880,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Chinatown.; - Zoned B1-3 for mixed-use development (storefront and condo/apartments).; - Three contiguous lots totaling 75x125.
    (630) 420-1220
    Request Owner's contact information
    2922-2926 S Wentworth Ave Chicago, IL 60616
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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
    2922-2926 S Wentworth Ave Chicago, IL 60616
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