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6335 Mozart St Chicago, IL 60659

OFF-MARKET Commercial real estate Google Maps
0.09 ac lot
Entity Owned 1-yr Hold Free & Clear
Estimated value (blended)
$340k
Range $306k – $374k (±10%)
Property ID US28-1002922

Property summary

AI-generated overview

This exceptional 32' x 124' commercial lot in Chicago's West Ridge neighborhood presents a prime development opportunity. Located just half a block south of Devon Avenue, this oversized parcel boasts a highly desirable RT-4 zoning designation, permitting the construction of three large residential units. The corner alley lot offers unobstructed access on three sides, ideal for a three-car garage or ample rear parking. Its clean slate, free from prior development or remediation needs, ensures a streamlined building process. The property's long-term ownership within the same family speaks to its stability and potential. Its proximity to Devon Avenue's thriving commercial corridor, filled with diverse businesses, guarantees high visibility and accessibility. The asking price is $349,999. This location offers significant potential for condo or apartment development, capitalizing on the strong demand for housing in this established area. The property includes three existing parking spaces. This is a rare chance to acquire a well-situated, ready-to-develop parcel in a highly sought-after Chicago neighborhood.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.09 ac (3,968 SF)
APN 13-01-107-012
UPID US28-1002922

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
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2025
1 recorded transaction
2025
$178,000

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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