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    1520-28 W Jarvis Ave Chicago, IL 60626

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    For Sale
    $2,489,999

    25,300 SF development site near Jarvis CTA station.

    Property Features for 1520-28 W Jarvis Ave

    General Information

    Standard status
    Active

    Building Details

    Year built
    1913
    Source: Corcoran

    Listing Agent: Brad Thompson

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

    Overview

    Rogers Park Development Site

    A 25,300 square foot development site is available for sale in Rogers Park. The lot currently contains a multi-tenant structure of approximately 19,000 square feet. The site could be redeveloped for future residential or mixed-use construction. The property benefits from its location in close proximity to the Jarvis CTA station and easy access to Lake Shore Drive.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6691655
    Latitude
    42.0163599

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    FAQs

    What type of property is this?
    Land - 25,300 SF development site near Jarvis CTA station.
    Where is this land located?
    The property is located at 1520-28 W Jarvis Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $2,489,999.
    What are key features of this property?
    This property features: - 25,300 sq ft development site.; - Redevelopment potential for residential or mixed-use construction.; - Excellent visibility.
    (312) 338-3000
    Request Owner's contact information
    1520-28 W Jarvis Ave Chicago, IL 60626
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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
    1520-28 W Jarvis Ave Chicago, IL 60626
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