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Property profile & analytics
OFF-MARKET
Commercial real estate

1247 Clybourn Ave Chicago, IL 60610

Property ID
US28-1534980
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 Commercial real estate
APN 17-04-143-058
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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