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    OFF-MARKET
    Commercial real estate

    10537 Ridgeland Ave, Chicago Ridge, IL 60415

    Property ID
    US28-2085749
    Property summary
    AI-generated overview

    This exceptional 19,075 square foot commercial land parcel presents a remarkable redevelopment opportunity in the heart of Chicago Ridge, Illinois. Located at 10537 Ridgeland Avenue, this property boasts a highly visible location on a busy thoroughfare, ensuring excellent exposure for any future development. The lot is conveniently situated just blocks from the Metra rail line, providing easy access to public transportation for employees and customers. The property's address is 10537 Ridgeland Ave, Chicago Ridge, IL 60415, within Cook County. While the original structure on the land dates back to 1943, this presents a blank canvas for a modern commercial venture. The asking price for this strategically positioned land is $285,000. Given its size, location, and proximity to public transportation, this property represents a compelling investment opportunity for developers seeking to capitalize on the growing commercial landscape of Chicago Ridge. The property's latitude and longitude coordinates are 41.7004064 and -87.7788314 respectively. This is a rare chance to acquire a substantial commercial lot in a desirable location with significant potential for future growth and profitability. Don't miss this chance to secure a prime piece of Chicago Ridge real estate.

    Property profile
    Verified
    Property type Commercial real estate
    UPID US28-2085749
    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
    Current use
    Occupant on record · Public records
    • Veterans of Foreign Wars Advocacy Group Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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