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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1901 Cortland St Chicago, IL 60642

90,084 SF
Property ID
Property summary
AI-generated overview

This exceptional commercial property, encompassing 90,084 square feet, presents a unique investment opportunity in Chicago's vibrant Lincoln Yards area. Situated on a 30,028 square foot lot at the high-exposure corner of Elston Avenue and Cortland Street, this property benefits from daily traffic counts exceeding 25,000 vehicles. Its strategic location offers unparalleled visibility and accessibility, with proximity to I-90, the Clybourn Metra Station, and numerous CTA bus stops. The M3-3 zoning permits a variety of uses, making it ideal for developers and investors seeking to capitalize on the area's growth. The property's adjacency to the Lincoln Yards development and its proximity to established amenities such as Mariano's, Home Depot, and the Bloomingdale Trail further enhance its appeal. This prime location is nestled between desirable neighborhoods like Wicker Park, Bucktown, and Lincoln Park, ensuring a strong potential for high returns. The property's APN is 14-32-119-011 & 14-32-119-009. The substantial traffic volume on I-90 (220,000 vehicles per day) presents significant potential for building height and signage opportunities. This is a rare chance to acquire fee simple interest in a high-traffic, amenity-rich location with significant development potential.

Property profile
Verified
Property type Retail properties & Spaces
Total area 90,084 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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