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    901 W Lake St Chicago, IL 60607

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    For Sale
    Contact for pricing

    Prime land in Fulton Market, close to transportation and employers.

    Lot size:
    0.28 Acres

    Property Features for 901 W Lake St

    General Information

    Lot size
    0.28 Acres

    Source: JLL - Corporate Agent Dan Reynolds

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

    Overview

    Fulton Market Prime Land Location

    This land is situated in the heart of the historic Fulton Market, between the Fulton Street Corridor and Restaurant Row. The location benefits from well-educated, high-income demographics with strong spending power. Strong multi-housing demand contributes to outsized rent growth in the area. The property is within walking distance of the Morgan Street Station, Grand Ave Station, and Metra train locations, providing access to transportation. Its location offers close proximity to major employers and headquarters of Fortune 500 companies.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pastorelli Food Products, ... Manufacturer Meat Fan Museum

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6501593
    Latitude
    41.8853831

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    FAQs

    What type of property is this?
    Land - Prime land in Fulton Market, close to transportation and employers.
    Where is this land located?
    The property is located at 901 W Lake St Chicago, IL.
    What are key features of this property?
    This property features: - Prime location in the heart of historic Fulton Market; - Unbeatable access: Walking distance from Morgan Street Station, Grand Ave Station, and Metra Train Locations; - Strong multi-housing demand leads to outsized rent growth
    (312) 782-5800
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    901 W Lake St Chicago, IL 60607
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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
    901 W Lake St Chicago, IL 60607
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