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    338 S Kostner Ave Chicago, IL 60624

    For Sale
    $59,800

    Vacant commercial land in developing area, near 290 Expressway.

    Property Features for 338 S Kostner Ave

    General Information

    Standard status
    Active

    Source: UNITED PROGRESS UP Agent LUIS CASANOVA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Lot Near Expressway

    This vacant lot is situated in a developing area, located two blocks from the 290 Expressway and approximately 15 minutes from downtown Chicago.
    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 Gym & Fitness Building Supply Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7356351
    Latitude
    41.8757864

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    FAQs

    What type of property is this?
    Land - Vacant commercial land in developing area, near 290 Expressway.
    Where is this land located?
    The property is located at 338 S Kostner Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $59,800.
    What are key features of this property?
    This property features: - Vacant lot ready for development.; - Located in a developing area.; - Proximity to 290 Expressway (just 2 blocks away!).
    Request Owner's contact information
    338 S Kostner Ave Chicago, IL 60624
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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
    338 S Kostner Ave Chicago, IL 60624
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