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    1624 69Th St Chicago, IL 60636

    Sponsored
    For Sale
    $110,000

    Prime 0.35-acre lot, 15,625 SF, $110,000

    Property size:
    15,625 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 0.35-acre mixed-use property, located at 1624 W 69th St in Chicago, Illinois, presents a compelling development opportunity. The 15,625 square foot lot boasts a highly desirable B3-1 zoning designation, permitting a wide array of retail, service, and mixed-use building projects. Situated directly across from a major shopping center anchored by Food For Less and Bank of America, this property benefits from exceptional visibility and high foot traffic. The lot's dimensions are 125 feet by 125 feet, providing ample space for a variety of development plans. Its prominent 125-foot frontage on 69th Street ensures maximum exposure to the substantial traffic flow into the adjacent shopping center. The asking price is $110,000, translating to $7.22 per square foot. This location within a densely populated area, a major shopping district, and a major business district, makes this a truly unique investment prospect. The property's RS-3 zoning designation further enhances its development potential. This prime location offers unparalleled visibility and accessibility, making it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly visible and strategically located property in a thriving Chicago neighborhood. The zip code is 60636.

    Property Features for 1624 69Th St

    General Information

    Property type
    Land
    Square Feet
    15,625 SF
    Lot Size
    15,246 SF

    HighLights

    • High‑traffic location in densely populated area.
    • Excellent retail location within a major shopping district.
    • Situated in a thriving major business district.
    • Property boasts 125 feet of frontage on 69th Street.
    • Highly visible location with excellent street exposure.
    • 125‑foot frontage on 69th Street.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6647898
    Latitude
    41.7687296

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    FAQs

    What type of property is this?
    Land - Prime 0.35-acre lot, 15,625 SF, $110,000
    Where is this land located?
    The property is located at 1624 69Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: High-traffic location in densely populated area.; Excellent retail location within a major shopping district.; Situated in a thriving major business district.
    Request Owner's contact information
    1624 69Th St Chicago, IL 60636
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    Chicago, IL 60636
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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
    1624 69Th St Chicago, IL 60636
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