328 S Spaulding Ave Chicago, IL 60624
Garfield Park NeighborhoodEstimated payment $718/month
About This Lot
Oversized (50 x 129) double corner lot! High-density RM-5 zoning. FAR = 2.0 so can you can build a 12,900SF building + basement. Minimum square feet per unit is 400sf and if efficiency/SRO units only 200sf! Right across from recently renovated park & playground. Ideal proximity to public transportation... 5 min walk to CTA Blue Line @ Kedzie, 2min drive to I-290, and quick CTA bus line directly to the Loop just a block away. TONS of new construction and projects in the works in East Garfield Park right now. Plus huge arts scene in the area including Carroll Arts District, Garfield Park Conservatory, and many more! Opportunity Zones create substantial tax benefits for mid-term and long term investors. Zone#1703171300. Recent survey available. *Seller is licensed Illinois real estate broker.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,617
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 50 x 129
Utilities
- No Utilities
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 |
|---|---|---|---|---|
| 2024 | $1,617 | $9,425 | $9,425 | -- |
| 2023 | $1,576 | $7,638 | $7,638 | -- |
| 2022 | $1,576 | $7,638 | $7,638 | $0 |
| 2021 | $1,541 | $7,637 | $7,637 | $0 |
| 2020 | $1,707 | $7,637 | $7,637 | $0 |
| 2019 | $1,539 | $7,637 | $7,637 | $0 |
| 2018 | $1,513 | $7,637 | $7,637 | $0 |
| 2017 | $1,474 | $6,825 | $6,825 | $0 |
| 2016 | $1,367 | $6,825 | $6,825 | $0 |
| 2015 | $1,251 | $6,825 | $6,825 | $0 |
| 2014 | $1,206 | $6,500 | $6,500 | $0 |
| 2013 | -- | $6,500 | $6,500 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | For Sale | $109,500 | +630.0% | -- |
| 04/03/2015 04/03/15 | Sold | $15,000 | -46.2% | $5 / Sq Ft |
| 02/23/2015 02/23/15 | Pending | -- | -- | -- |
| 03/02/2012 03/02/12 | For Sale | $27,900 | -- | $9 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $15,000 | Git | |
| Special Warranty Deed | -- | 1St American Title | |
| Legal Action Court Order | -- | -- | |
| Warranty Deed | $200,000 | -- | |
| Warranty Deed | $93,000 | -- | |
| Legal Action Court Order | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $57,600 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12455110
APN: 16-14-220-020-0000
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