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    Land

    4435 Harlem Ave, Norridge, IL 60706

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    AI-generated overview

    This exceptional 7,162 square foot commercial land parcel presents a remarkable investment opportunity in the thriving village of Norridge, Illinois. Strategically located on the hard corner of Harlem Avenue (IL Route 43) and Agatite Avenue, this property boasts 58 feet of frontage on the bustling Harlem Avenue, ensuring exceptional visibility and accessibility. The site benefits from a daily traffic count of 29,945 vehicles, guaranteeing a steady flow of potential customers. Zoned B-1, this versatile lot is ideally suited for a wide range of commercial developments, including retail spaces, office buildings, medical facilities, restaurants, or fitness centers. All utilities are readily available on-site, simplifying the development process. The property's prime location within a mixed-use commercial corridor, coupled with its proximity to residential areas and major retailers such as Harlem Irving Mall, Norridge Commons Mall, Nordstrom Rack, Kohl's, and numerous restaurants and boutiques, ensures high potential for a strong return on investment. Excellent access to public transportation further enhances its appeal. The 2021 real estate taxes were $1,553. This is a perfect opportunity for developers and investors seeking a high-visibility location in a vibrant and growing community. Don't miss this chance to acquire a prime piece of commercial real estate in a highly desirable area. The property is located in Cook County, Illinois, with a zip code of 60706.

    Property profile
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    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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