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    4833 Wilson Ave Chicago, IL 60630

    Sponsored
    For Sale
    $75,000

    Chicago lot: ideal contractor storage

    Property size:
    530 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 530 sq ft commercial lot at 4833 W Wilson Ave, Chicago, IL 60630, is priced at $75,000 ($141.51/sq ft). Zoned C1-1, it's perfect for contractors needing secure storage. The property includes one building suitable for storing equipment such as a pickup truck, bobcat, boat trailer, or small storage container. High visibility signage is a key advantage, as the lot is easily seen from the expressway. Note that a cell tower located nearby is scheduled for removal within the next few months, further enhancing the property's potential. Currently, access is limited to drive-by viewings only. This single-unit property presents a unique opportunity for a contractor seeking convenient and visible storage solutions in a prime Chicago location. The lot offers ample space for various equipment types, making it a versatile and practical investment. The impending removal of the cell tower promises to improve the overall aesthetic appeal and potential future development possibilities. Serious inquiries are encouraged to schedule a viewing once access is permitted.

    Property Features for 4833 Wilson Ave

    General Information

    Property type
    Self storage facilities
    Square Feet
    530 SF

    Building Details

    Buildings
    1
    Units
    1

    HighLights

    • 530 sq ft lot in prime Chicago location, priced at $75,000 ($141.51/sq ft).
    • Ideal for contractor equipment storage; accommodates pickup truck, bobcat, boat trailer, or small container.
    • High‑visibility signage from expressway.
    • Nearby cell tower slated for removal within months.
    • Currently drive‑by viewings only.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    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
    -87.7490166
    Latitude
    41.9641896

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    FAQs

    What type of property is this?
    Self storage facility - Chicago lot: ideal contractor storage
    Where is this self storage facility located?
    The property is located at 4833 Wilson Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: 530 sq ft lot in prime Chicago location, priced at $75,000 ($141.51/sq ft).; Ideal for contractor equipment storage; accommodates pickup truck, bobcat, boat trailer, or small container.; High-visibility signage from expressway.
    Request Owner's contact information
    4833 Wilson Ave Chicago, IL 60630
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    Chicago, IL 60630
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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
    4833 Wilson Ave Chicago, IL 60630
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