Property profile

2045 Ferdinand St Chicago, IL 60612

OFF-MARKET
Land
0.25 ac lot
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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

Location

2045 Ferdinand St Chicago, IL 60612
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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