3063 W 5th Ave Chicago, IL 60612
Garfield Park NeighborhoodEstimated payment $223/month
About This Lot
Prime 25x125 Vacant Lot - Zoned C1-2 | East Garfield Park Ready-to-build 3,125 SF parcel in the heart of revitalizing East Garfield Park. C1-2 zoning allows retail, office, service businesses, auto repair, tavern/liquor store, and residential units above the ground floor (mixed-use by right- more intensive than C1-1). Only 4 miles to the Loop with unbeatable access: Eisenhower Expy (I-290) - 2 blocks CTA Green Line (Kedzie) - 0.8 mi Multiple bus lines at doorstep (Transit Score 80) Walk Score 67 | Bike Score 88 Surrounded by momentum: $38M Fifth City Commons (2025) - 43 new units Hub 32 mixed-use approved at Kedzie & Lake 60+ new affordable homes in pipeline 1 mile to Garfield Park Conservatory, 1.5 mi to Rush Medical District, 2 mi to United Center Perfect for owner-user business, small developer, or investor seeking high-upside West Side location. Clean title, no liens, surveys available.
Property Details
Property Type
- Land
Est. Annual Taxes
- $819
Lot Details
- Lot Dimensions are 25x125
- Property is zoned COMMR
Utilities
- No Utilities
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 | $777 | $4,063 | $4,063 | -- |
| 2024 | $777 | $4,063 | $4,063 | -- |
| 2023 | $758 | $3,672 | $3,672 | -- |
| 2022 | $758 | $3,672 | $3,672 | $0 |
| 2021 | $741 | $3,671 | $3,671 | $0 |
| 2020 | $1,606 | $7,187 | $7,187 | $0 |
| 2019 | $1,449 | $7,187 | $7,187 | $0 |
| 2018 | $1,424 | $7,187 | $7,187 | $0 |
| 2017 | $1,350 | $6,250 | $6,250 | $0 |
| 2016 | $1,252 | $6,250 | $6,250 | $0 |
| 2015 | $1,145 | $6,250 | $6,250 | $0 |
| 2014 | $1,160 | $6,250 | $6,250 | $0 |
| 2013 | $1,137 | $6,250 | $6,250 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2026 01/08/26 | Price Changed | $29,995 | -20.0% | -- |
| 12/12/2025 12/12/25 | For Sale | $37,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Legal Action Court Order | $12,500 | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12530848
APN: 16-13-114-002-0000
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