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    2735 W Lake St Chicago, IL 60612

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    For Sale
    $100,000

    Vacant 2,265 SF lot in Kinzie Industrial Corridor.

    Property Features for 2735 W Lake St

    General Information

    Standard status
    Active

    Source: STRAUSS REALTY LTD Agent ADAM SCHNEIDERMAN

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

    Overview

    Kinzie Corridor Land For Sale

    Located in the Kinzie Industrial Corridor, this property is a 2,265 square foot vacant lot with frontage on Lake Street. The site is east of the California Green Line 'El' stop and in close proximity to Metra Stations MD-N, MD-W, and NCS. It offers access to I-290, situated 5 minutes south of the location, and is approximately 15 minutes from downtown Chicago. The property is also located 5 minutes west of the United Center and 5 minutes east of Garfield Park Conservatory.
    Property Profile Insight Report 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
    -87.6953374
    Latitude
    41.8840865

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    FAQs

    What type of property is this?
    Commercial land - Vacant 2,265 SF lot in Kinzie Industrial Corridor.
    Where is this commercial land located?
    The property is located at 2735 W Lake St Chicago, IL.
    What is the asking price?
    The asking price for this property is $100,000.
    What are key features of this property?
    This property features: - Prime landsite in the Kinzie Industrial Corridor with frontage along Lake Street.; - Excellent transportation access: close to California Green Line 'El' stop and Metra Stations (MD-N, MD-W, NCS).; - Quick access to I-290 (5 minutes south).
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    2735 W Lake St Chicago, IL 60612
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    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
    2735 W Lake St Chicago, IL 60612
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