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Listed by Patty Chavezof Realty of America, LLC
$ 47,500
Est. payment | /mo
$ 47,500
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12686393
Annual Tax Amount $877
Tax Year 2024
Lot Dimensions 24X125
Property Sub-Type Land
Property Description
Exceptional opportunity to acquire a 3,000 sq. ft. buildable residential lot in the rapidly developing East Garfield Park neighborhood. Zoned RT-4, this property offers outstanding potential for a single-family home, 2-flat, 3-flat, or small multi-unit development (buyer to verify zoning and building possibilities). Situated on a quiet, tree-lined residential block, this lot is ideally located just minutes from the CTA Green Line, I-290 Expressway, Garfield Park Conservatory, the Illinois Medical District, and the rapidly expanding United Center corridor. Enjoy convenient access to Downtown Chicago, the West Loop, and major employment centers. Surrounded by ongoing redevelopment, new construction, and neighborhood investment, this property presents an excellent opportunity for builders, developers, and investors seeking to capitalize on one of Chicago's most promising growth areas. Recent nearby comparable sales range from the mid-$400,000s to over $700,000, further highlighting the strong demand and development potential in the surrounding community. Whether you're looking to build and sell, build and hold, or add to your investment portfolio, this RT-4 lot offers location, flexibility, and long-term upside. Drive by today and envision the possibilities.
Location
State IL
County Cook
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby
View Y/N true
Building
Water Municipal Water
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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