1245 S Kolin Ave Chicago, IL 60623
North Lawndale NeighborhoodEstimated payment $219/month
About This Lot
Attention builders and developers! Prime RT-4 zoned vacant lot (25 125 / 3,125 sq ft) ready for new construction in Chicago's North Lawndale neighborhood. RT-4 zoning allows strong potential for multi-unit residential development, making this an attractive opportunity for builders and investors. Conveniently located near neighborhood amenities, schools, and recreation including Franklin Park, with access to nearby transportation corridors. The property may also qualify for Chicago development incentives, including programs connected to Opportunity Zones and neighborhood investment initiatives. Excellent opportunity to develop in an area experiencing continued redevelopment and community investment.
Property Details
Property Type
- Land
Est. Annual Taxes
- $914
Lot Details
- Lot Dimensions are 25x125
- Property is zoned MULTI
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 |
|---|---|---|---|---|
| 2025 | $777 | $4,531 | $4,531 | -- |
| 2024 | $777 | $4,531 | $4,531 | -- |
| 2023 | $758 | $3,672 | $3,672 | -- |
| 2022 | $758 | $3,672 | $3,672 | $0 |
| 2021 | $741 | $3,671 | $3,671 | $0 |
| 2020 | $821 | $3,671 | $3,671 | $0 |
| 2019 | $740 | $3,671 | $3,671 | $0 |
| 2018 | $728 | $3,671 | $3,671 | $0 |
| 2017 | $709 | $3,281 | $3,281 | $0 |
| 2016 | $657 | $3,281 | $3,281 | $0 |
| 2015 | $601 | $3,281 | $3,281 | $0 |
| 2014 | $580 | $3,125 | $3,125 | $0 |
| 2013 | $568 | $3,125 | $3,125 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Price Changed | $27,000 | -10.0% | -- |
| 07/07/2025 07/07/25 | For Sale | $30,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12412496
APN: 16-22-201-022-0000
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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