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    1500 W Cortland St Chicago, IL 60642

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    For Sale
    Contact for pricing

    30,028 SF land in Chicago's Heavy Industrial District.

    Property size:
    30,028 SF
    Lot size:
    0.71 Acres

    Property Features for 1500 W Cortland St

    General Information

    Size
    30,028 SF
    Lot size
    0.71 Acres

    Source: CBRE | Chicago Agent Tom Svoboda

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

    Overview

    Chicago Land Opportunity For Sale

    This 30,028 square foot land opportunity is available for qualified investors and developers. The property is zoned M-3, Heavy Industrial District, which permits uses including industrial, retail, restaurant (drive-through as a special use), office, storage, automotive (service and sales), and cannabis. The property has a floor area ratio (FAR) of 3.
    Location Intelligence

    Current Use by Public Records

    Bye Bye Brands Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6657907
    Latitude
    41.9168637

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    FAQs

    What type of property is this?
    Land - 30,028 SF land in Chicago's Heavy Industrial District.
    Where is this land located?
    The property is located at 1500 W Cortland St Chicago, IL.
    What are key features of this property?
    This property features: - 30,028 SF Land Opportunity; - Zoned M-3, Heavy Industrial District; - Permitted uses include industrial, retail, restaurant, office
    (312) 935-1481
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    1500 W Cortland St Chicago, IL 60642
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    Chicago, IL 60642
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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
    1500 W Cortland St Chicago, IL 60642
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