NOT LISTED FOR SALE

Estimated Value: $344,806 - $423,000

0.05 Acre
$7,438,700 Price per Acre
2,178 Sq Ft Lot

Last Sold October 27, 2023

Last sale price $320,000 $69 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,053/month

197 Days on Market

About This Lot

As of October 2023

Introducing a rare opportunity to own a 26 x 100 ft vacant lot in the highly sought-after Pilsen neighborhood of Chicago. Zoned RT-4, this lot offers endless possibilities for the savvy buyer, whether you're an investor looking to develop or a homeowner looking to build your dream home. Located on a quiet street, this lot offers a peaceful oasis in the heart of the city. With its prime location in Pilsen, you'll have easy access to some of the best restaurants, shops, and cultural attractions in the city. Zoned RT-4, this lot allows for a variety of development options, including single-family homes, two-flats and townhouses. Let your creativity run wild and design a space that's perfect for your needs. Don't miss out on this once-in-a-lifetime opportunity to own a vacant lot in the vibrant Pilsen neighborhood. With its prime location and endless potential, this lot won't be on the market for long.

Last Agent to Sell the Property

Jim LaHa

Jameson Sotheby's International Realty License #475134081 Listed on: 02/08/2023

Jameson Sotheby's International Realty

Last Buyer's Agent

William Kowalski

William A. Kowalski License #471012531

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,266

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 26 x 100
  • Property is zoned MULTI

Utilities

  • Electricity To Lot Line
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$9,266

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas Nearby, Sanitary Sewer, Water-Municipal, Water to Site

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.05
  • Lot Dimensions: 26 X 100
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 9265.65
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Oct 16, 2023
Sold by
4-D Development Corp
Bought by
Chicago Title Land Trust Company
Seller's Agent
Jim LaHa
Jameson Sotheby's International Realty
Buyer's Agent
William Kowalski
William A. Kowalski
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Views
51
Current Estimated Value
$371,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,935
Avg. Annual Appreciation
6.76%

Purchase Details

Closed on
Aug 26, 2022
Sold by
Darwish Majdi
Bought by
4-D Development Corp

Purchase Details

Listed on
Oct 26, 2021
Closed on
Dec 6, 2021
Sold by
Fannie Mae
Bought by
Darwish Majdi
Seller's Agent
Arthur Cirignani
Chicago Realty Partners, Ltd
Buyer's Agent
Jim LaHa
Jameson Sotheby's International Realty
List Price
$246,000
Sold Price
$246,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.40%

Purchase Details

Closed on
Dec 30, 2019
Sold by
Ramirez Rosa
Bought by
Federal National Mortgage Association
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chicago Title Land Trust Company $320,000 Chicago Title
4-D Development Corp -- None Listed On Document
Darwish Majdi $246,000 Attorneys Ttl Guaranty Fund
Federal National Mortgage Association -- Citywide Title Corporation
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $320,000 -1.5% $69 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $325,000 +32.1% $70 / Sq Ft
12/10/2021 12/10/21 Sold $246,000 0.0% $53 / Sq Ft View Prior Sale
11/06/2021 11/06/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $246,000 -- $53 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,646 $9,620 $9,620 --
2024 $1,646 $9,620 $9,620 --
2023 $12,323 $7,800 $7,800 --
2022 $12,323 $59,915 $7,800 $52,115
2021 $19,506 $97,000 $7,800 $89,200
2020 $9,266 $41,593 $6,110 $35,483
2019 $9,605 $47,808 $6,110 $41,698
2018 $9,444 $47,808 $6,110 $41,698
2017 $9,629 $44,730 $5,330 $39,400
2016 $8,959 $44,730 $5,330 $39,400
2015 $3,064 $44,730 $5,330 $39,400
2014 $2,816 $41,022 $4,680 $36,342
2013 $2,619 $41,022 $4,680 $36,342
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11715209

Midwest Real Estate Data (MRED)

APN: 17-20-418-013-0000

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