201 W 83rd St Chicago, IL 60620
West Chatham NeighborhoodEstimated payment $3,140/month
About This Lot
Prime 0.68-acre (29,553 SF) outlot available in Chatham Market, one of Chicago's strongest South Side retail destinations anchored by Walmart and Lowe's. This highly visible site offers 130 feet of frontage on 83rd Street with daily traffic counts of 15,400+ cars, making it an ideal location for national tenants seeking high exposure. Surrounded by national brands including Chase, BMO Harris, Potbelly, GameStop, Planet Fitness, Aldi, and Home Depot, the property is perfectly suited for retail, office, or restaurant use. Zoning (PD 966, 83rd/Stewart TIF) allows for flexible development options, including a drive-thru restaurant up to 2,900 SF. Build-to-Suit for qualified National Tenants-making this a unique opportunity to secure space in a proven retail corridor without upfront development costs.
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,557
Lot Details
- 0.68 Acre Lot
- Dirt Road
Community Details
- No Laundry Facilities
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 | $6,557 | $44,578 | $44,173 | $405 |
| 2024 | $6,557 | $44,578 | $44,173 | $405 |
| 2023 | $6,392 | $31,081 | $30,676 | $405 |
| 2022 | $6,392 | $31,081 | $30,676 | $405 |
| 2021 | $6,250 | $31,079 | $30,675 | $404 |
| 2020 | $6,923 | $31,079 | $30,675 | $404 |
| 2019 | $6,244 | $31,079 | $30,675 | $404 |
| 2018 | $6,139 | $31,079 | $30,675 | $404 |
| 2017 | $6,162 | $28,625 | $28,221 | $404 |
| 2016 | $5,733 | $28,625 | $28,221 | $404 |
| 2015 | $5,171 | $28,221 | $28,221 | $0 |
| 2014 | $3,187 | $17,178 | $17,178 | $0 |
| 2013 | $3,124 | $17,178 | $17,178 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/15/2025 12/15/25 | For Sale | $499,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $146,000 | None Listed On Document | |
| Special Warranty Deed | $220,000 | First American Title |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12533013
APN: 20-33-405-011-0000
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