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    148 W 43Rd St Chicago, IL 60653

    For Sale
    $9,500,000

    Land in Chicago's Bronzeville neighborhood with expressway visibility.

    Lot size:
    10.13 Acres

    Property Features for 148 W 43Rd St

    General Information

    Lot size
    10.13 Acres

    Source: Colliers | Chicago Rosemont Agent Brian Kling

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

    Overview

    Bronzeville Land in Opportunity Zone

    Located in Chicago’s Bronzeville neighborhood, this land benefits from its location in an Opportunity Zone, potentially offering tax savings. The property has immediate accessibility to I-90/I-94 via a full interchange at 43rd Street and significant expressway visibility and frontage, with a traffic volume of 308,000 vehicles per day. It is also less than 4 miles from the I-55 expressway.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -87.6282421
    Latitude
    41.81798

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    FAQs

    What type of property is this?
    Land - Land in Chicago's Bronzeville neighborhood with expressway visibility.
    Where is this land located?
    The property is located at 148 W 43Rd St Chicago, IL.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: - Significant expressway visibility and frontage (308,000 VPD); - Located in Opportunity Zone offering tax savings and benefits; - Immediate accessibility to I-90/I-94 via full interchange at 43rd St.
    (630) 430-3812
    Request Owner's contact information
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    Chicago, IL 60653
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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
    148 W 43Rd St Chicago, IL 60653
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