8314 S Stony Island Avenue Chicago, IL ^$ 199,000

8314 S Stony Island Avenue

^$ 199,000

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Recently Listed New Construction

8314 S Stony Island Avenue

Chicago, IL, 60617

^$ 199,000

Studio Baths0.0

Monthly Estimate*

^$ 1,225

8314 S Stony Island Avenue, Chicago, IL 60617 - Image 1

8314 S Stony Island Avenue, Chicago, IL 60617 - Image 2

8314 S Stony Island Avenue, Chicago, IL 60617 - Image 3

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8314 S Stony Island Avenue, Chicago, IL 60617 - Image 8

Studio

Lots and Land for sale in Chicago, IL

for $199,000.

Prime location +/- 9,375 square foot vacant lot in a densely populated area in Chicago's Avalon Park business district. 75 square feet frontage on busy Stony Island with 47,000 traffic count, just off the southwest corner of 83rd St and Stony Island Ave. Lot dimensions are approximately (75' x 125'). Zoned B3-2 which allows for a variety of uses, retail, commercial use, mixed use building, This location is surrounded by national & regional retailers, in the heart of the business & shopping district. Just minutes south of the Obama Presidential Library currently under construction. Excellent location in a busy area. Three Pin numbers 28,29 & 30, 8314,8316 & 8317

Lots and Land Active

Price

^$ 199,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,866

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12560554

Features

General

Sewer Storm Sewer

Utilities Electric to Site Sewer Connected

Possession Closing

Zoning COMMR

Township Hyde Park

Tax Year 2024

Ownership Fee Simple

Additional Parcels Description 20354030290000 20354030300000

County Cook

Property Type Land Land

Possible Use Commercial Multi-Family Retail

Status Active

Directions Stony Island North or South To Address. Site is next to the Station on 83rd St

City Chicago

High School District 299

MLS Area CHI - Avalon Park

Tax Annual Amount 3866.46

Additional Parcels Y/N Y

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Water Source Municipal Water

Total Parking 0

Lot Dimensions 75 X 125

Lot Size Acres 0

Road Surface Type Asphalt

Frontage Length 75

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Better Homes & Gardens Real Estate

Broker

rimahomesales@gmail.com

Affordability Calculator

$1,547

Per Month

Monthly Principal & Interest: $1,225
Monthly Property Taxes: $322
Monthly Home Insurance: --

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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 ^$309,359

Percent of Sale Price 55%

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
2/4/2026	$199,000		Listed Price

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8314 S Stony Island Avenue, Chicago, IL, 60617 is a Lots and Land for sale at $199,000. 8314 S Stony Island Avenue is a studio with 0.0 baths. The property's zip code is 60617 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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Data is updated as of 2/24/2026.

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8314 S Stony Island Avenue

Lots and Land for sale in Chicago, IL

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