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    7600 Kedzie Ave Chicago, IL 60652

    • Retail space
    For Sale
    View listing
    $3,500,000
    Value Estimation
    Last Sale
    May 27, 2020
    $1,500,000
    Location Intelligence
    Property ID
    US28-2616368
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 7600 Kedzie Ave

    Property type
    Retail space
    APN
    19-26-405-004
    APU
    1926405004

    Description

    This exceptional 7.038-acre industrial land parcel, located at 7600 S Kedzie Ave in Chicago, IL (Cook County, zip code 60652), presents a prime development opportunity. Situated at the southwest corner of Kedzie Avenue and 77th Street, this vacant site offers convenient access to major transportation arteries, including I-55 and I-90/94, placing it within a 10-minute drive of Midway International Airport. The property boasts high visibility with 19,600 vehicles passing daily on Kedzie Avenue. Its proximity to Norfolk Southern Landers Yard (less than a mile away) further enhances its logistical advantages. The site is comprised of two equal-sized lots (3.519 acres each), providing flexibility for development. The location also benefits from its proximity to key interchanges: 4.5 miles to the I-94 four-way interchange at 79th Street and 6 miles to the I-55 four-way interchange at S. Pulaski Road. This property is ideal for businesses seeking access to a robust labor pool and strategic transportation links within the Chicago metropolitan area. The asking price for this exceptional industrial land is $3,500,000. APN: 19-26-405-001-0000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,110,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,390,000
      6.5%
      $1,405,000
      7%
      $1,585,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,480,000
      Geo Method
      $1,770,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,770,000
      Retail
      $1,670,000
      Mixed-Use
      $1,345,000
      Hospitality
      $1,315,000
      Educational
      $1,440,000
      Residential Income
      $1,500,000
      Energy
      $1,330,000
      Income-Based Land
      $1,720,000
      Food Service
      $1,325,000

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.7039
    Latitude
    41.756
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $321,564
    $1,509,687
    $53,716
    $1,563,403
    -
    $6,038,748
    $214,864
    $6,253,612

    Comparable in this City

    • Value Estimation by Request
      66,997 SF

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      9.06 Acres

      4651 79th Pl

      STORE, RETAIL OUTLET • 9.06 Acres
      4651 79th Pl, Chicago, IL 60652
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    • Value Estimation by Request
      0.08 Acres

      8240 Troy St

      RETAIL STORES (PERSONAL SERVICES) • 0.08 Acres
      8240 Troy St, Chicago, IL 60652-3444
      View Details
    • Value Estimation by Request
      4,400 SF

      8227 Cicero Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      8227 Cicero Ave, Chicago, IL 60652
      View Details
    • Value Estimation by Request
      4,400 SF

      2747 79th St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      2747 79th St, Chicago, IL 60652-1739
      View Details
    • Value Estimation by Request
      4,400 SF

      2743 79th St

      RETAIL STORES (PERSONAL SERVICES) • 4,400 SF
      2743 79th St, Chicago, IL 60652
      View Details

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    7600 Kedzie Ave
    Chicago, IL 60652
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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