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    OFF-MARKET
    Land

    2045 Ferdinand St, Chicago, IL 60612

    0.25 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.25-acre commercial and industrial land parcel, located at 2045 W Ferdinand St in Chicago, IL 60612, presents a unique investment opportunity. The property offers approximately 6,000 square feet of land, currently configured for parking and capable of accommodating roughly 30 vehicles. The site is easily divisible, offering flexibility for various development plans. The property's single-tenant status provides simplicity and ease of management. Its strategic location in Chicago provides excellent access to major transportation routes and a thriving business environment. Existing infrastructure includes readily available electricity, minimizing upfront development costs. This versatile property is perfect for businesses seeking ample parking space, or developers looking to construct a new building. The property's size and location make it an attractive option for a variety of commercial and industrial uses. The zoning and potential uses should be verified independently. This is a rare opportunity to acquire a well-situated parcel in a dynamic Chicago neighborhood. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property profile
    Verified
    Property type Land
    Lot 0.25 ac (10,890 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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