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Property profile & analytics
FOR SALE
Commercial real estate

1624 West 69Th St Chicago, IL 60636

15,625 SF 0.35 ac lot
Property ID
US28-5433533
1624 West 69Th St, Chicago, IL 60636 For Sale
$110,000 15,625 SF
1624 West 69Th St, Chicago, IL 60636
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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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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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