511 W 45th St Chicago, IL 60609
Bridgeport NeighborhoodEstimated payment $2,415/month
Highlights
- Living Room
- Dining Room
- Senior Tax Exemptions
- Laundry Room
- Family Room
About This Home
Positioned in a highly strategic pocket of the city, 511 W 45th St presents a compelling opportunity for investors and builders looking to capitalize on both location and scale. This property sits on a generously sized lot, offering the kind of flexibility that is increasingly rare-ideal for redevelopment, expansion, or a thoughtfully designed new construction project. What truly sets this site apart is its exceptional accessibility. With seamless connectivity to major thoroughfares, public transit, and key urban hubs, future residents or tenants will benefit from effortless commuting and proximity to employment centers, dining, retail, and entertainment. This level of convenience consistently drives demand and long-term value. The surrounding area continues to experience steady growth and reinvestment, signaling strong upside potential. Whether you envision a modern single-family development, multi-unit build, or a high-yield investment property, the fundamentals here align: location, lot size, and accessibility. Opportunities like this-where land, location, and future potential intersect-are increasingly scarce. 511 W 45th St stands as a prime canvas for a forward-thinking investor ready to unlock its full value.
Listing Agent
RE/MAX Mi Casa Brokerage Phone: (708) 655-1481 License #475171944 Listed on: 04/20/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $542
Year Built
- Built in 1888
Lot Details
- Tear Down
Home Design
- Vinyl Siding
Interior Spaces
- 820 Sq Ft Home
- 1.5-Story Property
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
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 | $1,046 | $16,000 | $1,875 | $14,125 |
| 2024 | $1,046 | $16,000 | $1,875 | $14,125 |
| 2023 | $1,046 | $12,000 | $3,125 | $8,875 |
| 2022 | $1,046 | $12,000 | $3,125 | $8,875 |
| 2021 | $996 | $12,000 | $3,125 | $8,875 |
| 2020 | $1,027 | $15,280 | $3,125 | $12,155 |
| 2019 | $1,024 | $16,978 | $3,125 | $13,853 |
| 2018 | $1,009 | $16,978 | $3,125 | $13,853 |
| 2017 | $1,080 | $12,831 | $2,812 | $10,019 |
| 2016 | $0 | $12,831 | $2,812 | $10,019 |
| 2015 | $0 | $12,831 | $2,812 | $10,019 |
| 2014 | $2,238 | $12,060 | $2,656 | $9,404 |
| 2013 | -- | $12,060 | $2,656 | $9,404 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2026 04/20/26 | For Sale | $450,000 | -- | $549 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12623778
APN: 20-04-322-022-0000
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Ask me questions while you tour the home.