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$ 59,000
Est. payment /mo
Price Dropped by $5K
3031 W 5th AVE Chicago, IL 60612
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12475026
Annual Tax Amount $1,700
Tax Year 2023
Lot Dimensions 24x125
Property Sub-Type Land
Property Description
Prime vacant land opportunity in Chicago! This 24' x 125' parcel is zoned C1-2, allowing for retail storefronts and a wider range of business types than B1 districts - including liquor stores, warehouses, and auto shops. Residential apartments are permitted above the ground floor, making this a versatile site for mixed-use development. The lot is clean, well maintained, and title-ready, with preliminary warehouse drawings available to streamline your project. With the 1901 Development just 1.5 miles away, this property stands to gain from significant neighborhood growth. An excellent opportunity for investors, developers, or business owners looking to build in a strong commercial corridor.
Location
State IL
County Cook
Area Chi - East Garfield Park
Rooms
Basement None
Interior
Fireplace N
Laundry None
Exterior
Utilities Available None
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition Standard
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Christian Searles of Alec Realty Group, LLC