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Cell Towers

3641 S Cottage Grove Ave, Chicago, Il 60653

ID #473052
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Site Overview
Site Name3641 S Cottage Grove Ave, Chicago, Il 60653
Current InfrastructureCondominium
SiteBid ID ##473052
Published DateApril 30, 2024
Modified DateMay 21, 2025
Market StatusOff Market
Potential UsesCell Towers
Location
CountyCook
ZoningB3-3
SubdivisionHarvey
School DistrictChicago Public School District 299
Flood ZoneX
Property
Lot Size4,154 sq ft
Building Area1,225 sq ft
Buildings1.00
Total Units0.00
Year Built2004
Year Renovated2004
Building ConditionUnknown
Property ClassCommercial

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Infrastructure investors are actively purchasing fee simple real estate, leases, and easements on properties with active utility leases from tier‑1 tenants (AT&T, Verizon, T‑Mobile, etc.). Depending on the lease terms, valuations can range from 16x–20x annual rent for lump‑sum payments and 18x–25x for structured payouts.

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