Property profile

1859 Neltnor Blvd West Chicago, IL 60185

OFF-MARKET
Land
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Property summary

AI-generated overview

Exceptional development opportunity in West Chicago, Illinois, presents a 39,700 square foot commercial land parcel ideally situated on Route 59. This prime location boasts 201.5 feet of frontage on a busy thoroughfare experiencing 36,900 vehicles daily, ensuring significant visibility and accessibility for any commercial venture. The property offers full access, including a dedicated left-hand turn lane from Route 59, and convenient right-in/right-out access on the north side of the lot. The asking price for this strategically positioned land is $800,000. Located at 1859 N Neltnor Blvd, West Chicago, IL 60185 (DuPage County), this site presents a rare chance to capitalize on high traffic counts and excellent visibility to establish a thriving business. The property's size and location make it suitable for a variety of commercial developments. The site's strong demographics and convenient access to major roadways make it an attractive investment for developers seeking a high-impact location. This is an exceptional opportunity to acquire a highly visible and accessible commercial lot in a thriving area.

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician Medical Clinic
  • Shopping Center & Mall

Location

1859 Neltnor Blvd West Chicago, IL 60185
West Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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