$500,000

Estimated payment $3,204/month

Total Views 351
0 Acre
-- Price per Acre
0 Sq Ft Lot

About This Lot

Six continuous lots totaling approximately 39,500 square feet located directly on Madison Street in West Garfield Park. Currently zoned B3-2, ideal for shopping centers, large stores, and retail storefronts, with apartments permitted above the ground floor. This is a prime opportunity for developers or investors looking to bring retail, mixed-use, or multi-family housing to a growing area. Motivated seller - bring your offers!

Listing Agent

Jerome Lanier

Keller Williams Preferred Rlty License #475178028 Listed on: 09/08/2025

Keller Williams Preferred Rlty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,479

Lot Details

  • Lot Dimensions are 51 x 175
  • Additional Parcels

Property Details

Property Type

Land

Est. Annual Taxes

$6,479

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Length: 176
  • Frontage Type: City Street
  • List Price: 500000
  • Waterfront: No

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby

Schools

  • Middle/Junior School District: 299

Lot Info

  • Additional Parcels Description: 16103310210000,16103310220000,16103310230000,16103310240000,16103310250000
  • Additional Parcels: Yes
  • Lot Dimensions: 51 x 175
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Estimated Land Sq Ft: 39,500

Rental Info

  • Board Number: 10

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 6478.83
  • Tax Year: 2023

Map

Range of Values:

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,466 $11,636 $11,636 --
2023 $1,417 $5,818 $5,818 --
2022 $1,417 $5,818 $5,818 $0
2021 $1,390 $5,818 $5,818 $0
2020 $1,300 $5,818 $5,818 $0
2019 $1,173 $5,818 $5,818 $0
2018 $1,153 $5,818 $5,818 $0
2017 $1,063 $4,923 $4,923 $0
2016 $986 $4,923 $4,923 $0
2015 $902 $4,923 $4,923 $0
2014 $913 $4,923 $4,923 $0
2013 $895 $4,923 $4,923 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $500,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $85,000 Chicago Title Land Trust Co
Special Warranty Deed $60,500 None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Quit Claim Deed -- Ticor
Warranty Deed $950,000 Ticor
Warranty Deed -- First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Credit Line Revolving
Previous Owner $2,778,183 Construction
Previous Owner $450,000 Construction
Previous Owner $300,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $200,000 Credit Line Revolving
Previous Owner $345,000 Purchase Money Mortgage
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12465892

Midwest Real Estate Data (MRED)

APN: 16-10-331-020-0000