1342 W Ohio St Chicago, IL 60642
West Town NeighborhoodEstimated payment $4,534/month
Total Views
265
0
Acre
--
Price per Acre
0
Sq Ft Lot
About This Lot
Shovel-Ready Vacant Land in Prime West Town Location! An incredible opportunity to build in one of Chicago's most desirable neighborhoods! This type 1 rezoned 24' x 127' B2-3 zoned lot is fully entitled with and comes complete with plans and permits for a stunning brick building featuring six luxury units: (2) 3-bed, 2.5-bath duplexes, (4) 2-bed, 1.5-bath simplexes plus a rooftop deck for added appeal. Whether you're looking to start your next rental investment or condo project, this shovel-ready site allows for immediate construction-saving you valuable time and effort. Located in an ultra-walkable part of West Town, you're just steps from the CTA, parks, charming cafes, trendy boutiques, and a fantastic selection of restaurants along Grand and Chicago Avenues. Don't miss out on this prime development opportunity! Inquire today! Survey, proforma, and plans all available to review.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,870
Additional Features
- Lot Dimensions are 24 x 127
- No Utilities
Map
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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 | $3,762 | $15,240 | $15,240 | -- |
| 2023 | $3,762 | $18,288 | $18,288 | -- |
| 2022 | $3,762 | $18,288 | $18,288 | $0 |
| 2021 | $3,678 | $18,288 | $18,288 | $0 |
| 2020 | $2,309 | $10,363 | $10,363 | $0 |
| 2019 | $2,082 | $10,363 | $10,363 | $0 |
| 2018 | $2,047 | $10,363 | $10,363 | $0 |
| 2017 | $1,968 | $9,144 | $9,144 | $0 |
| 2016 | $1,831 | $9,144 | $9,144 | $0 |
| 2015 | $1,676 | $9,144 | $9,144 | $0 |
| 2014 | $1,414 | $7,620 | $7,620 | $0 |
| 2013 | $1,386 | $7,620 | $7,620 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/30/2025 05/30/25 | For Sale | $750,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- | |
| Trustee Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,417,000 | No Value Available |
Source: Public Records
Similar Properties in the area
Source: Midwest Real Estate Data (MRED)
MLS Number: 12379795
APN: 17-08-118-021-0000
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