1901 Cortland St Chicago, IL 60642
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.