1220 W 51st St Chicago, IL 60609
Back of the Yards NeighborhoodEstimated payment $149/month
About This Lot
Great opportunity to bring your vision to this blank slate in Chicago's New City. Located in the 16th ward, zoned B3-2, this 3062 sq. ft. property is in proximity to budding mixed commercial and residential use zoning47th/Ashland TIF district neighborhood with multiple ongoing projects, an est. 10 min drive from Kennedy King Community College, and has access to CTA bus lines on 51st and nearby Ashland Ave. Property being sold in AS IS/WHERE IS condition with no representations, or warranties. Buyer to perform all due diligence including size, zoning, use, TIF availability, and all other details. Offers must reflect due diligence and attorney review to occur through 4/19/24 with closing on or before 4/30/24.
Property Details
Property Type
- Land
Est. Annual Taxes
- $542
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $569 | $2,696 | $2,696 | -- |
| 2023 | $554 | $2,696 | $2,696 | -- |
| 2022 | $554 | $2,696 | $2,696 | $0 |
| 2021 | $542 | $2,695 | $2,695 | $0 |
| 2020 | $600 | $2,695 | $2,695 | $0 |
| 2019 | $541 | $2,695 | $2,695 | $0 |
| 2018 | $532 | $2,695 | $2,695 | $0 |
| 2017 | $532 | $2,470 | $2,470 | $0 |
| 2016 | $495 | $2,470 | $2,470 | $0 |
| 2015 | $453 | $2,470 | $2,470 | $0 |
| 2014 | $458 | $2,470 | $2,470 | $0 |
| 2013 | $449 | $2,470 | $2,470 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/03/2025 01/03/25 | For Sale | $19,000 | 0.0% | -- |
| 12/31/2024 12/31/24 | Off Market | $19,000 | -- | -- |
| 01/20/2024 01/20/24 | For Sale | $19,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $66,500 | Multiple | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | -- | |
| Deed | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 11961103
APN: 20-08-131-038-0000
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