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    2743-2745 W Lake St Chicago, IL 60612

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    For Sale
    $150,000

    Two land sites available in Kinzie Industrial Corridor TIF District.

    Lot size:
    0.99 Acres

    Property Features for 2743-2745 W Lake St

    General Information

    Lot size
    0.99 Acres

    Source: Strauss Realty, Ltd. Agent David Kaplan

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

    Overview

    Vacant Land in Kinzie Corridor

    Two land sites are available for purchase in the Kinzie Industrial Corridor TIF District. The location offers convenient access to transportation, being steps away from the California Green Line 'El' stop and in close proximity to Metra stops. Additionally, the sites provide easy access to I-290 and are located a 15-minute drive from downtown Chicago. One of the land sites, located at 2745 W. Lake St., features 4,000 SF of vacant land. The other site, located at 2735 W. Lake St., features 2,265 SF of vacant land.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6955722
    Latitude
    41.8840647

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    FAQs

    What type of property is this?
    Land - Two land sites available in Kinzie Industrial Corridor TIF District.
    Where is this land located?
    The property is located at 2743-2745 W Lake St Chicago, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: - Located in Kinzie Industrial Corridor TIF District.; - Steps away from California Green Line 'El' stop.; - Close proximity to Metra stops.
    (773) 736-3600
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    2743-2745 W Lake St Chicago, IL 60612
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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
    2743-2745 W Lake St Chicago, IL 60612
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