87th Kedzie Chicago Chicago, IL 60805
- Land
- 30.00 lot acres
Current Use by Public Records
- Isalis / Women'S Clothing Store / Jewelry Store
- Party City / Candy Store / Costume Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 87th Kedzie Chicago
- Lot size
- 30.00 lot acres
- Property type
- Land
Description
This exceptional 30-acre commercial land parcel presents a unique development opportunity in a high-traffic location. Situated at the northeast corner of 87th Street and Kedzie Avenue, bordering Evergreen Park, this property boasts unparalleled visibility and accessibility. The site, formerly occupied by Luther High School, offers a blank canvas for a variety of commercial projects. Its strategic location at a hard corner with a lighted intersection ensures maximum exposure to a substantial daily traffic volume. Specifically, the site benefits from 25,985 vehicles per day (VPD) on 87th Street and 20,421 VPD on Kedzie Avenue, guaranteeing significant foot and vehicle traffic. The property is available for ground lease or build-to-suite arrangements, providing flexibility for developers seeking a prime location for their next venture. This Cook County site presents a rare opportunity to capitalize on a high-demand area with exceptional visibility and convenient access. The single-tenant zoning allows for streamlined development processes, minimizing potential complications. This substantial acreage provides ample space for large-scale projects, making it an ideal investment for developers seeking a significant return. The property's location at a major intersection ensures high visibility and accessibility, making it an attractive location for a wide range of commercial uses.
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
- -87.7018
- Latitude
- 41.7353
