545 25Th AveBellwood, IL 60104

Property Details for 545 25Th Ave

Year built

1953

Lot size

0.33 AC

Property size (Sq ft)

2,333 SF

Property type

Retail space

APN

15-10-308-008

APU

1510308008

Description

This exceptional 0.47-acre commercial land parcel, located at the northeast corner of Washington and 25th Avenue in Bellwood, Illinois (60104), presents a unique investment opportunity. The property boasts a substantial 20,569 square feet and is situated on a busy four-way signalized intersection experiencing over 36,000 vehicles daily, ensuring high visibility and significant daytime traffic. Built in 1980, the land is zoned for commercial use, offering flexibility for various development projects. The asking price is $850,000, translating to a land value of $41.32 per square foot. A ground lease option is available, providing additional investment avenues. This densely populated area offers strong potential for retail development or build-to-suit projects, capitalizing on the high traffic counts and prime location. The property's address is 545 25th Ave, within Cook County, Illinois. This is an ideal opportunity for investors seeking a high-traffic, strategically located commercial land parcel with significant development potential.

• CAP approach

  CAP return

  Valuation

  6%

  $1,032,339

  6.5%

  $952,928

  7%

  $884,862

• Comparable approach

  Method

  Valuation

  Relative Method

  $765,761

  Geo Method

  $765,761

• Alternative Use

  Use

  Valuation

  Residential

  $803,831

  Hospitality

  $736,305

  Educational

  $612,597

  Medical

  $633,665

  Retail

  $952,928

Location Insight

City

Bellwood

County

Cook

State

Illinois

Latitude

41.8823

Longitude

-87.8633

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].