Property profile

4206 Wells St Chicago, IL 60609

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 60609 Chicago property presents a unique development opportunity. Located at 4206 S Wells St, this vacant land parcel is zoned RS-3, offering significant potential for residential construction. The property's APN is 20-04-222-052-0000. Situated in the vibrant Canaryville neighborhood, this lot enjoys proximity to both Bridport and Chinatown, providing convenient access to a range of amenities and transportation options. The asking price for this exceptional land parcel is $149,000. The strategic location offers developers the chance to create a thriving residential project. Furthermore, the possibility exists to acquire adjacent vacant lots, allowing for a larger-scale development project and increased potential returns. This presents a rare chance to capitalize on the growing demand for residential properties in this desirable Chicago location. Serious inquiries are encouraged to explore this exciting development opportunity further. The property is located in Cook County, Illinois. The latitude and longitude coordinates are 41.81798862372424 and -87.63239480619643 respectively.

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

Location

4206 Wells St Chicago, IL 60609
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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