1725 Webster Ave Chicago, IL 60614
Triangle Square presents a unique commercial land opportunity in Chicago's vibrant Lincoln Park/Bucktown neighborhood. This 19,826 square foot lot sits at the highly visible southeast corner of Elston and Webster Avenues, offering exceptional visibility and accessibility. The property boasts a prime stoplight location, ensuring maximum exposure for any development. The site is approved for drive-thru access and includes convenient surface parking. Flexible development options are available, accommodating single or multi-tenant uses ranging from approximately 2,400 to 21,500 square feet across two levels. This makes it ideal for retail, medical, or office spaces. The location benefits from its proximity to two newly constructed luxury residential buildings totaling 372 units, providing a built-in customer base. Furthermore, Triangle Square is conveniently located near the massive, proposed 50+ acre Lincoln Yards development along the Chicago River, promising significant future growth and increased property value. Its premier location adjacent to the Kennedy Expressway ensures easy access for commuters and customers. This rare stoplight corner on busy Elston Avenue presents a compelling new construction or design-build opportunity for discerning investors seeking a high-impact location in a rapidly developing area.
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
Similar Nearby for Lease
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.