Property summary
This exceptional 48,194 square foot land parcel presents a significant redevelopment opportunity in Chicago, Illinois. Located at the highly visible intersection of 2422 S California Avenue and 2825 W 24th Boulevard, zip code 60608, this property boasts a strategic location with high traffic counts, making it ideal for a variety of uses. Currently zoned RT-4, the site offers flexibility for adaptive reuse of existing structures or ground-up development. The property encompasses multiple buildings and parking areas, providing options for developers and end-users. The total square footage of the buildings on the site is 29,500 square feet. There is potential for expansion, with the possibility of increasing the total land area to 58,748 square feet. The property is available for occupancy on April 1, 2024. This site is particularly well-suited for a religious facility or other large-scale projects. The price is subject to offer. This is a rare opportunity to acquire a sizable urban land site in a prime Chicago location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight