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1624 69Th St Chicago, IL 60636

Commercial real estate Google Maps
15,625 SF 0.35 ac lot
1624 69Th St, Chicago, IL 60636 For Sale
Contact for pricing 15,625 SF
1624 69Th St, Chicago, IL 60636
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Estimated value
No estimation on file for this property yet.
Property ID US28-5433533

Property summary

AI-generated overview

This exceptional 0.35-acre mixed-use property, located at 1624 W 69th St in Chicago, Illinois, presents a compelling development opportunity. The 15,625 square foot lot boasts a highly desirable B3-1 zoning designation, permitting a wide array of retail, service, and mixed-use building projects. Situated directly across from a major shopping center anchored by Food For Less and Bank of America, this property benefits from exceptional visibility and high foot traffic. The lot's dimensions are 125 feet by 125 feet, providing ample space for a variety of development plans. Its prominent 125-foot frontage on 69th Street ensures maximum exposure to the substantial traffic flow into the adjacent shopping center. The asking price is $110,000, translating to $7.22 per square foot. This location within a densely populated area, a major shopping district, and a major business district, makes this a truly unique investment prospect. The property's RS-3 zoning designation further enhances its development potential. This prime location offers unparalleled visibility and accessibility, making it an ideal site for a variety of commercial ventures. Don't miss this chance to acquire a highly visible and strategically located property in a thriving Chicago neighborhood. The zip code is 60636.

Property profile

Verified
Property type Commercial real estate
Total area 15,625 SF
Lot 0.35 ac (15,246 SF)
UPID US28-5433533

Cap rate & NOI

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

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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