4930 S WESTERN Avenue Chicago, IL $ 250,000
4930 S WESTERN Avenue
$ 250,000
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4930 S WESTERN Avenue

Chicago, IL, 60609
$ 250,000
Baths0.0

Monthly Estimate*

$ 1,539

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Studio

Lots and Land for sale in Chicago, IL

for $250,000. The lot size is 0.21.

An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.

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Lots and Land Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 2,739

Style

Commercial,Multi-Family

Lot Size

0.21

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12668102

Features
General
Utilities None
Possession Closing
Township Lake
Tax Year 2024
Current Use Commercial Multi-Family
Ownership Fee Simple
Additional Parcels Description 19122160240000 19122160250000
County Cook
Property Type Land Land
Status New
Directions South along Western Ave. to address
High School Kelly High School
City Chicago
High School District 299
MLS Area CHI - Gage Park
Elementary School Nightingale Elementary School
Tax Annual Amount 2739.21
Middle/Junior High School Nightingale Elementary School
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Exterior
Total Parking 0
Lot Dimensions 75x122x75x122
Lot Size Acres 0.21
Road Surface Type Asphalt
Frontage Length 75
Frontage Type City Street
Waterfront Y/N N
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Interior
Total Baths 0
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* Excluded Features
List By
Chicago Properties Firm

Broker

cristian@chiprop.com

Email

Affordability Calculator

$1,768
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,539
Monthly Property Taxes
$228
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
5490689 Elementary School
5490689 Middle School
Kelly High School High School
Pricing History
DatePricePrice ChangeDescription
6/5/2026$250,000 Listed Price

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4930 S WESTERN Avenue, Chicago, IL, 60609 is a Lots and Land for sale at $250,000 with a lot size of 0.21. 4930 S WESTERN Avenue is a studio with 0.0 baths. The property's zip code is 60609 which is in Chicago, IL