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    7600 Kedzie Ave Chicago, IL 60652

    Sponsored
    For Sale
    $3,500,000

    Chicago Industrial Land: 7 Acres, $3.5M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7.038-acre industrial land parcel, located at 7600 S Kedzie Ave in Chicago, IL (Cook County, zip code 60652), presents a prime development opportunity. Situated at the southwest corner of Kedzie Avenue and 77th Street, this vacant site offers convenient access to major transportation arteries, including I-55 and I-90/94, placing it within a 10-minute drive of Midway International Airport. The property boasts high visibility with 19,600 vehicles passing daily on Kedzie Avenue. Its proximity to Norfolk Southern Landers Yard (less than a mile away) further enhances its logistical advantages. The site is comprised of two equal-sized lots (3.519 acres each), providing flexibility for development. The location also benefits from its proximity to key interchanges: 4.5 miles to the I-94 four-way interchange at 79th Street and 6 miles to the I-55 four-way interchange at S. Pulaski Road. This property is ideal for businesses seeking access to a robust labor pool and strategic transportation links within the Chicago metropolitan area. The asking price for this exceptional industrial land is $3,500,000. APN: 19-26-405-001-0000.

    Property Features for 7600 Kedzie Ave

    General Information

    Property type
    Land
    Lot Size
    306,575 SF

    HighLights

    • 4.5 miles to I‑94 interchange at 79th Street.
    • 6 miles to I‑55 interchange at S. Pulaski Road.
    • 19,600 vehicles per day (VPD) on Kedzie Avenue.
    • 7.038‑acre site comprised of two 3.519‑acre lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7035282
    Latitude
    41.7553466

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    FAQs

    What type of property is this?
    Land - Chicago Industrial Land: 7 Acres, $3.5M
    Where is this land located?
    The property is located at 7600 Kedzie Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 4.5 miles to I-94 interchange at 79th Street.; 6 miles to I-55 interchange at S. Pulaski Road.; 19,600 vehicles per day (VPD) on Kedzie Avenue.
    Request Owner's contact information
    7600 Kedzie Ave Chicago, IL 60652
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    Chicago, IL 60652
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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
    7600 Kedzie Ave Chicago, IL 60652
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