Lots and Land: MLS #12584624 Chicago, IL $ 485,000
Lots and Land: MLS #12584624
$ 485,000
Recently Listed New Construction
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Lots and Land: MLS #12584624

Chicago, IL, 60642
$ 485,000
Baths0.0

Monthly Estimate*

$ 2,986

MLS #/Web ID: 12584624 - Image 1
Studio

Lots and Land for sale in Chicago, IL

for $485,000.

Developers and Builders - don't miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago's most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making this an ideal site for a thoughtfully designed development that can capture top-of-the-market pricing in a location where new construction consistently commands premium values. Surrounded by modern developments and ongoing revitalization, this parcel sits in a corridor where investment momentum continues to grow. Buyers are encouraged to consult with an architect and/or zoning professional to verify development potential, density allowances, and the intended end use.

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Lots and Land Active

Price

$ 485,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,753

Style

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12584624

Features
General
Utilities None
Possession Closing
Zoning OTHER
Township West Chicago
Tax Year 2024
Ownership Fee Simple
County Cook
Property Type Land Land
Status Active
Directions Between Augusta Blvd and Chicago Ave East of 90/94 expressway and west of Elston Ave.
High School Wells Community Academy Senior H
City Chicago
High School District 299
MLS Area CHI - West Town
Elementary School Ogden Elementary
Tax Annual Amount 3753
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 25 X 100
Road Surface Type Asphalt
Frontage Length 25
Frontage Type City Street
Waterfront Y/N N
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* Excluded Features
List By
Joseph Realty Ltd

Broker

roger@josephrealtyltd.com

Email

Affordability Calculator

$3,299
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,986
Monthly Property Taxes
$313
Monthly 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
2641063 Elementary School
566846 Middle School
Wells Community Academy Senior H High School High School
Pricing History
DatePricePrice ChangeDescription
4/1/2026$485,000 Listed Price

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