Property profile

3635 W Roosevelt Rd Chicago, IL 60624

FOR SALE
Commercial land
Property ID
US28-1309297
Entity Owned 9-yr Hold
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Property summary

AI-generated overview

2 high visibility corner lots ready for development (totaling 6,250 square feet) on Roosevelt Road, approximately 5 miles to Chicago Loop. Close to I-290 as well as the Illinois Medical District. Great chance for retail, restaurant, residential, or other opportunities! 25,700 VPD. Two city lots (3635/3637)ready for development on high trafficked Roosevelt Road in Chicago. Ten minutes to downtown Loop. Just off I 290 ; close to Illinois Medical District. Public utilities adequately serve the site. 49 feet of frontage on the south side of Roosevelt Road. Site depth extends 125 feet on the west side of Millard.

Property profile

Verified
Property type Commercial land
UPID US28-1309297

Cap rate & NOI

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

Location

3635 W Roosevelt Rd Chicago, IL 60624
Chicago metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2016
1 recorded transaction
2016
$15,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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