Property summary
This exceptional redevelopment opportunity presents a 0.18-acre parcel ideally situated at 10619 Ridgeland Ave in Chicago Ridge, Illinois, zip code 60415. The property, categorized as commercial retail land, boasts a prime location on a busy thoroughfare, offering significant potential for various retail ventures. Built in 1937, the site presents a blank canvas for a new development, capitalizing on the high volume of traffic along Ridgeland Avenue. The asking price for this unique opportunity is $149,000. Its strategic location offers easy access to the Metra commuter rail line, enhancing its appeal to a wide range of potential customers and employees. The Cook County location provides access to a substantial consumer base and strong infrastructure. This 0.18-acre lot provides ample space for a variety of development plans, from small-scale retail shops to larger-scale commercial projects. Investors and developers will appreciate the potential for significant return on investment given the property's location and the high traffic volume. The property's existing structure, built in 1937, may offer potential for adaptive reuse or demolition to make way for a new construction. This is a rare chance to acquire a strategically located retail pad in a thriving area with excellent transportation links. Serious inquiries are encouraged to explore the full potential of this exciting redevelopment project.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.