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    12950 S Stony Island Ave Chicago, IL 60633

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    For Sale
    $3,400,000

    6.37-acre commercial land with multiple layout options.

    Property size:
    6 SF
    Lot size:
    6.37 Acres

    Property Features for 12950 S Stony Island Ave

    General Information

    Size
    6 SF
    Lot size
    6.37 Acres

    Building Details

    Year built
    1978

    Source: Adam Stokes Agent Adam Stokes

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

    Overview

    6.37-Acre Site Near I-94

    This 6.37-acre site is located 0.5 miles from I-94, 6.5 miles from I-294/I-90, 6.0 miles from I-57, 16 miles from the Chicago Business District, and 17 miles from Midway International Airport. The site offers multiple layout configurations. Potential options include 168 trailer parking spaces, an 11,000 square foot building with 9 car parking spaces and 108 trailer parking spaces, or 332 van parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Building Supply Dental Office Wholesale Shop Auto Repair Shop Clothing Store Kitchen & Bath Food Market Storage Facility Electrical Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.5799875
    Latitude
    41.6600712

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    FAQs

    What type of property is this?
    Land - 6.37-acre commercial land with multiple layout options.
    Where is this land located?
    The property is located at 12950 S Stony Island Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: - 6.37-acre site with flexible layout options; - Potential for **168 trailer parking spaces** or 332 van parking spaces; - Proximity to major interstates: I-94 (0.5 miles), I-294/I-90 (6.5 miles), and I-57 (6.0 miles)
    (312) 498-7400
    Request Owner's contact information
    12950 S Stony Island Ave Chicago, IL 60633
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    Chicago, IL 60633
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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
    12950 S Stony Island Ave Chicago, IL 60633
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