8500 S Stewart Avenue Chicago, IL ^$ 8,000,000

8500 S Stewart Avenue

^$ 8,000,000

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Adult Community

8500 S Stewart Avenue

Chicago, IL, 60620

^$ 8,000,000

Studio Baths0.0

Monthly Estimate*

^$ 49,910

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8500 S Stewart Avenue, Chicago, IL 60620 - Image 10

Studio

Lots and Land for sale in Chicago, IL

for $8,000,000. The lot size is 15.62.

8500 S Stewart Avenue offers an incredible 16.5 acres of prime land awaiting development. Strategically located between two major train lines, the Union Pacific and the CSX, it is ideally suited for cargo deliveries. Currently zoned for industrial use, the property can be easily rezoned for residential purposes, presenting a myriad of opportunities. Potential uses include a warehouse facility, truck parking, manufacturing plant, or even a recording studio. Additionally, the property is perfect for developing a retirement community, single-family homes, or multi-family housing. The possibilities for this versatile site are truly endless.

Lots and Land Contingent

Price

^$ 8,000,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 31,488

Style

Lot Size

15.62

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12213445

Features

General

Heating None

Cooling None

Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby

Possession Closing

Zoning INDUS

Township Lake

Tax Year 2023

Current Use Other

Ownership Fee Simple

County Cook

Property Type Land Land

Contingency Other Contingency

Status Contingent

Directions 87th st west to S Holland north to entrance. Entrance on the west side of the street

City Chicago

High School District 299

MLS Area CHI - Auburn Gresham

Tax Annual Amount 31488

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 480X1249X740X718X873X249

Lot Size Acres 15.62

Road Surface Type Dirt Gravel

Frontage Length 480

Frontage Type City Street Frontage Road

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Better Homes & Gardens Real Estate

Broker

donna.dalke@gmail.com

Affordability Calculator

$52,534

Per Month

Monthly Principal & Interest: $49,910
Monthly Property Taxes: $2,624
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$321,684

Percent of Sale Price 96%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/19/2024	$8,000,000		Listed Price

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8500 S Stewart Avenue, Chicago, IL, 60620 is a Lots and Land for sale at $8,000,000 with a lot size of 15.62. 8500 S Stewart Avenue is a studio with 0.0 baths. The property's zip code is 60620 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/11/2025.

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8500 S Stewart Avenue

Lots and Land for sale in Chicago, IL

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