Property profile

1247 Clybourn Ave Chicago, IL 60610

OFF-MARKET
Land
Property ID
US28-1534980
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Property summary

AI-generated overview

This exceptional 2,750 square foot commercial lot presents a unique investment opportunity in Chicago's vibrant Clybourn Corridor. Located at 1247 N Clybourn Ave, in the desirable 60610 zip code of Cook County, Illinois, this property is zoned M1-2, offering a range of potential development options. The asking price is $325,000. The lot's size and zoning provide significant flexibility for developers seeking to capitalize on the area's ongoing growth and transformation. Its convenient location within the Clybourn Corridor places it within easy reach of various amenities and transportation links, enhancing its appeal and potential for future returns. The property's APN is 17-04-143-058. Given the diverse zoning classifications in the immediate vicinity, this site is well-suited for a variety of projects, making it an attractive proposition for both experienced developers and those with innovative visions for the area. The property's strategic location and zoning potential make it an ideal platform for a small-scale development project, promising substantial returns on investment. This is a rare opportunity to acquire a well-positioned lot in a rapidly developing area of Chicago.

Property profile

Verified
Property type Land
UPID US28-1534980

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1247 Clybourn Ave Chicago, IL 60610
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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