935 Willow St Chicago, IL 60614
This exceptional 2,697 square foot vacant lot presents a unique development opportunity in Chicago's desirable Lincoln Park neighborhood. Located at 935 W Willow St, 60614, this fee simple property boasts an advantageous RT-4 zoning designation, permitting multi-family construction. The lot's prime location places it within easy reach of Clybourn and Armitage Avenues, offering convenient access to a vibrant array of shops, restaurants, and entertainment options. Existing foundations for two single-family homes, mirroring adjacent properties, are already in place, potentially streamlining the development process. A survey is readily available upon request for prospective buyers. This is an exceptional chance for developers seeking a prime location to build, or for those interested in a collaborative partnership with the seller. The asking price for this Cook County property (APN: 14324250490000) is $825,000. Don't miss this chance to acquire a piece of Lincoln Park's thriving real estate market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.