2600 14Th St North Chicago, IL 60064
- Land
- 7.86 lot acres
Current Use by Public Records
- Land
Property Details for 2600 14Th St
- Lot size
- 7.86 lot acres
- Property type
- Land
Description
This exceptional 7.86-acre land parcel in North Chicago, Illinois, presents a unique commercial and residential development opportunity. Located at 2600 14th Street, the property boasts 575 feet of frontage and is zoned R-1. A pending city approval on August 5th envisions a "Local Mixed-Use" designation under the city's new comprehensive plan. Currently tax-exempt as part of the Northshore Garden of Memories Cemetery, this site offers significant advantages. All utilities are available on-site. Its strategic location provides easy access to major transportation hubs, including a 30-minute drive to O'Hare International Airport and a one-hour drive to Downtown Chicago. The surrounding area is thriving, with a population of 95,106 within a three-mile radius and a rising median home value. The asking price is $700,000, translating to $2.05 per square foot. The property's APN is 08-31-400-023. This presents a rare chance to develop a project in a vibrant and rapidly growing community. This is a truly exceptional investment opportunity.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- North Chicago
- County
- Lake
- State
- Illinois
- Longitude
- -87.8658
- Latitude
- 42.3342