1901 Cortland St Chicago, IL 60642
- Retail properties
- 90,084 SF
Current Use by Public Records
- Retail properties
Property Details for 1901 Cortland St
- Property size
- 90,084 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.66
- Latitude
- 41.9073
