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Property profile & analytics
OFF-MARKET
Land

5130-5142 Western Ave Chicago, IL 60625

Property ID
Property summary
AI-generated overview

This exceptional 17,751 square foot commercial land parcel presents a prime development opportunity in Chicago's vibrant Lincoln Square neighborhood. Located at 5130-5142 N. Western Avenue, this property boasts high visibility with 156 feet of frontage on Western Avenue and a depth of 114 feet, offering excellent building access from the west. The site comprises six contiguous lots, zoned B3-2 & B2-2, providing flexibility for a variety of development projects. Its strategic location offers convenient access to Lake Michigan (Foster Beach), the Brown Line (Western and Lawrence station), and the bustling shops of Lincoln Square and restaurants of Andersonville. The property's Transit-Oriented Development (TOD) eligibility further enhances its appeal, capitalizing on its proximity to public transportation and a densely populated area. Easy access to Lake Shore Drive provides convenient connections throughout the city. APN: 13-12-401-043-0000

Property profile
Verified
Property type Land
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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