$146,100
SOLD APR 11, 2025
0.11 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

15 Days on Market

About This Lot

As of April 2025

Presenting land for sale in Chicago's vibrant Austin Neighborhood just a stone's throw from Oak Park. This prime location on Chicago Avenue near Austin Street is witnessing an exciting wave of new development. There has been significant infrastructure improvements along Chicago Avenue including new striping, dedicated bike lanes, enhanced safety features, and more. There is the excitement of newly anticipated businesses, retail, restaurant options planned for this highly desired location in this West Side community. Don't miss out of the wonderful development opportunities that this Corridor offers. The land is zoned B3-2, (9,740 GSF) 80' x 121.75' situated on a major commercial corridor that the City of Chicago is targeting for investment and redevelopment. This is an opportunity to be part of a thriving community. Contact us for more details! Seller selling adjacent land. See MLS #12308358 for the price and details.

Last Agent to Sell the Property

Corinth Jackson

RE/MAX Premier License #475198426 Listed on: 03/12/2025

Co-Listed By

Vernetta Jackson

RE/MAX Premier License #475139501

Last Buyer's Agent

La Shawn K Ford

Ford Desired Real Estate LLC License #471010759

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,057

Lot Details

  • Lot Dimensions are 80' x 122.75'
  • Property is zoned COMMR

Property Details

Property Type

Land

Est. Annual Taxes

$1,057

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Water Available

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80' X 122.75'
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 8
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 1057.08
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Apr 11, 2025
Sold by
Urban Equities Inc
Bought by
Chatham Business Association Small Business D
Seller's Agent
Corinth Jackson
RE/MAX Premier
Buyer's Agent
La Shawn K Ford
Ford Desired Real Estate LLC
List Price
$146,100
Sold Price
$146,100
Views
7
Current Estimated Value
$152,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,900
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jul 12, 2021
Sold by
Lungu Aurel
Bought by
Urban Equities Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2004
Sold by
Koller Barry W
Bought by
Lungu Aurel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $237,500 None Listed On Document
Warranty Deed $210,000 Citywide Title Corporation
Warranty Deed $150,000 The Guarantee Title & Tr Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $168,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $146,100 0.0% --
03/27/2025 03/27/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $146,100 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $1,057 $6,180 $6,084 $96
2023 $1,030 $5,010 $4,914 $96
2022 $1,030 $5,010 $4,914 $96
2021 $1,008 $5,010 $4,914 $96
2020 $1,116 $5,010 $4,914 $96
2019 $1,007 $5,010 $4,914 $96
2018 $990 $5,010 $4,914 $96
2017 $776 $3,606 $3,510 $96
2016 $722 $3,606 $3,510 $96
2015 $661 $3,606 $3,510 $96
2014 $626 $3,372 $3,276 $96
2013 $613 $3,372 $3,276 $96
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12308365

Midwest Real Estate Data (MRED)

APN: 16-08-201-008-0000