2600 14Th St, North Chicago, IL 60064
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.