Lots and Land: MLS #12606237 Chicago, IL ^$ 515,000

Lots and Land: MLS #12606237

^$ 515,000

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New Construction

Lots and Land: MLS #12606237

Chicago, IL, 60647

^$ 515,000

Studio Baths0.0

Monthly Estimate*

^$ 3,171

Studio

Lots and Land for sale in Chicago, IL

for $515,000.

Attention Rehabbers and Builders- Great opportunity to rehab or tear down and build in a VERY desirable and hot Logan Square Location at the intersection of Palmer Square and Logan Square. The location of this property couldn't be better and is just 1.5 blocks from the California Blue Line and just 5 blocks from Palmer Square Park! It's also only a short walk to the incredible Logan Square Farmers Market and provides cash access to the expressway. Tons of world class restaurants and shopping right outside the door! New construction all around this property is a testament to the neighborhood's progression, desirability and higher values as time continues.

Lots and Land Contingent

Price

^$ 515,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 10,944

Style

Multi-Family

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12606237

Features

General

Heating Natural Gas Forced Air

Utilities Electric to Site Natural Gas Available Sewer Connected

Possession Closing

Zoning MULTI

Township West Chicago

Tax Year 2024

Current Use Multi-Family

Ownership Fee Simple

County Cook

Property Type Land Land

Contingency Attorney/Inspection

Possible Use Multi-Family Single Family

Status Contingent

Directions Fullerton to Washtenaw South to Property

City Chicago

High School District 299

MLS Area CHI - Logan Square

Tax Annual Amount 10944

Additional Parcels Y/N N

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Exterior

Water Source Municipal Water

Total Parking 0

Lot Dimensions 25 X 115 x 11.5 x 21.8 x 99 Ft

Road Surface Type Asphalt

Frontage Length 25 ft

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Baird & Warner

Broker

michael.hall@bairdwarner.com

Affordability Calculator

$4,083

Per Month

Monthly Principal & Interest: $3,171
Monthly Property Taxes: $912
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 ^$304,766

Percent of Sale Price 41%

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
3/31/2026	$515,000		Listed Price

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*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 4/21/2026.

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Lots and Land: MLS #12606237

Lots and Land for sale in Chicago, IL

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