Property profile

3410 Ashland Ave Chicago, IL 60608

OFF-MARKET
Land
Property ID
US28-3188384
Entity Owned 6-yr Hold
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Property summary

AI-generated overview

This exceptional 5,215.5 square foot commercial lot, located at 3410 S Ashland Ave in Chicago, IL, presents a remarkable opportunity for development. Zoned C1-2, this property boasts ideal dimensions of 57 feet wide by 91 feet 5 inches deep, ensuring maximum utilization. Its prime location at the bustling intersection of Archer Ave and Ashland Ave guarantees exceptional visibility and accessibility. Benefit from high foot traffic and proximity to a variety of established businesses, including Mariano's, Amazon Warehouse, Burger King, Popeyes, Dunkin' Donuts, Royal Bank, White Castle, Dollar Tree, and Party City. This site is perfectly positioned to capitalize on the area's vibrant commercial activity and strong consumer base. The property's strategic location and zoning make it an excellent investment for a mixed-use development project, offering significant potential for return. The Cook County address and 60608 zip code further highlight its advantageous position within the Chicago market. This is a rare opportunity to acquire a highly desirable commercial lot in a thriving area. Don't miss out on this chance to build your next successful venture.

Property profile

Verified
Property type Land
UPID US28-3188384

Cap rate & NOI

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

Location

3410 Ashland Ave Chicago, IL 60608
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2019
3 recorded transactions
2019
Price N/A
2018
$168,000
2017
Price N/A

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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