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3031 W 5th Avenue Chicago, IL $ 59,000
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$ 59,000 Get more info
3031 W 5th Avenue
$ 59,000
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3031 W 5th Avenue

Chicago, IL, 60612
$ 59,000
Baths0.0

Monthly Estimate*

$ 368

3031 W 5th Avenue, Chicago, IL 60612 - Image 1
3031 W 5th Avenue, Chicago, IL 60612 - Image 2
3031 W 5th Avenue, Chicago, IL 60612 - Image 3
Studio

Lots and Land for sale in Chicago, IL

for $59,000.

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.

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Lots and Land Active

Price

$ 59,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,700

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12475026
Features
General
Utilities None
Possession Closing
Township West Chicago
Tax Year 2023
Ownership Fee Simple
County Cook
Property Type Land Land
Status Active
Directions 5th ave. between Albany and Whipple
City Chicago
High School District 299
MLS Area CHI - East Garfield Park
Tax Annual Amount 1700.51
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None
Laundry Features None
Total Baths 0
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Exterior
Total Parking 0
Lot Dimensions 24x125
Road Surface Type Dirt
Frontage Length 24
Frontage Type City Street
Waterfront Y/N N
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* Excluded Features
List By
Alec Realty Group, Llc

Broker

christiansearles5@gmail.com; info@alecrealtygroup.com

Email

Affordability Calculator

$510
Per Month
72%
28%
0%
Monthly Principal & Interest
$368
Monthly Property Taxes
$142
Monthly 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
566059 Elementary School
566846 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/20/2025$59,000 -9.09% Price Down
9/18/2025$64,900 Listed Price

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3031 W 5th Avenue, Chicago, IL, 60612 is a Lots and Land for sale at $59,000. 3031 W 5th Avenue is a studio with 0.0 baths. The property's zip code is 60612 which is in Chicago, IL

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