3901-3907 Roosevelt Rd Chicago, IL 60624
- Land
- 0.21 lot acres
Current Use by Public Records
- Land
Property Details for 3901-3907 Roosevelt Rd
- Lot size
- 0.21 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7229
- Latitude
- 41.8659
