Property summary
This exceptional 0.21-acre commercial land parcel presents a unique investment opportunity in Chicago's vibrant Homan Square community. Located at the highly visible corner of West Roosevelt Road and Springfield Avenue, this property boasts impressive dimensions of approximately 90 feet by 105 feet, offering 90 feet of frontage along Roosevelt Road. The B3-2 zoning allows for a variety of commercial uses, capitalizing on the area's dense population and exceptionally high foot and vehicular traffic counts. The site benefits from its proximity to a major retail shopping center hub situated at Roosevelt and Pulaski, ensuring consistent exposure to a large customer base. Numerous national and regional retailers already operate in the immediate vicinity, creating a strong and established commercial environment. The asking price is $250,000, translating to a land value of $27.33 per square foot. This corner lot presents a compelling opportunity for developers and investors seeking a strategic location within a thriving commercial district. The high traffic volume, dense population, and established retail presence make this property an ideal location for a variety of commercial ventures. Don't miss this chance to acquire a prime piece of Chicago real estate.
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