1401 E 71st Place Chicago, IL ^$ 40,000

1401 E 71st Place

^$ 40,000

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Recently Listed New Construction

1401 E 71st Place

Chicago, IL, 60619

^$ 40,000

Studio Baths0.0

Monthly Estimate*

^$ 246

1401 E 71st Place, Chicago, IL 60619 - Image 1

1401 E 71st Place, Chicago, IL 60619 - Image 2

1401 E 71st Place, Chicago, IL 60619 - Image 3

1401 E 71st Place, Chicago, IL 60619 - Image 4

Studio

Lots and Land for sale in Chicago, IL

for $40,000.

Vacant residential lot located in the Greater Grand Crossing neighborhood of Chicago. This parcel offers an opportunity for new construction in an established residential area with nearby homes and city infrastructure in place. Conveniently situated near Stony Island Avenue with access to public transportation, parks, schools, and neighborhood amenities. Buyer to verify zoning, permitted uses, utilities, and development requirements. Drive by and envision the possibilities.

Lots and Land Active

Price

^$ 40,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 338

Style

Agricultural

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12549354

Features

General

Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby

Possession Closing

Township Hyde Park

Tax Year 2023

Current Use Agricultural

Ownership Fee Simple

County Cook

Property Type Land Land

Status New

Directions 71st St to Stony Island Ave south to 71st Pl west to property.

City Chicago

High School District 299

MLS Area CHI - South Shore

Tax Annual Amount 338

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Water Source Municipal Water

Total Parking 0

Lot Dimensions 25x125

Road Surface Type Asphalt

Frontage Length 25

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Coldwell Banker Realty

Broker

brokerbroadway@gmail.com

Affordability Calculator

$274

Per Month

Monthly Principal & Interest: $246
Monthly Property Taxes: $28
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$300,070

Percent of Sale Price 650%

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
1/18/2026	$40,000		Listed Price

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1401 E 71st Place, Chicago, IL, 60619 is a Lots and Land for sale at $40,000. 1401 E 71st Place is a studio with 0.0 baths. The property's zip code is 60619 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 1/20/2026.

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1401 E 71st Place

Lots and Land for sale in Chicago, IL

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