6040 111th St Chicago Ridge, IL 60415
Estimated payment $2,690/month
Total Views
172,059
0.55
Acre
$772,727
Price per Acre
23,958
Sq Ft Lot
About This Lot
Prime Commercial Lot on High-Traffic Thoroughfare in Chicago Ridge! Seize this exceptional opportunity to acquire a vacant commercial lot strategically located in the vibrant community of Chicago Ridge. Boasting a generous 132-foot frontage and extending 184 feet in depth, this parcel offers ample space to bring your business vision to life. The C-2 General Service District is designed to support a diverse range of commercial activities. This versatile zoning offers the flexibility to tailor the space to meet specific business requirements, making it an attractive investment for entrepreneurs and established companies alike. Don't miss out on the chance to establish your business in a prime location that offers both flexibility and high visibility. Contact us today to explore the potential of this outstanding commercial lot.
Property Details
Property Type
- Land
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 132 x 184
- Property is zoned COMMR
Utilities
- No Cooling
Map
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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 | $25,209 | $77,723 | $60,390 | $17,333 |
| 2023 | $22,171 | $77,723 | $60,390 | $17,333 |
| 2022 | $22,171 | $56,587 | $39,254 | $17,333 |
| 2021 | $21,215 | $56,586 | $39,253 | $17,333 |
| 2020 | $20,954 | $56,586 | $39,253 | $17,333 |
| 2019 | $21,150 | $54,164 | $43,782 | $10,382 |
| 2018 | $20,112 | $54,164 | $43,782 | $10,382 |
| 2017 | $20,146 | $54,164 | $43,782 | $10,382 |
| 2016 | $20,002 | $50,141 | $40,763 | $9,378 |
| 2015 | $19,622 | $50,141 | $40,763 | $9,378 |
| 2014 | $19,216 | $50,141 | $40,763 | $9,378 |
| 2013 | $17,129 | $49,139 | $40,763 | $8,376 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | Price Changed | $425,000 | -5.6% | -- |
| 08/10/2025 08/10/25 | For Sale | $450,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $370,000 | Stewart Title Of Illinois |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | Commercial | |
| Closed | $80,000 | Commercial | |
| Closed | $110,500 | Commercial | |
| Closed | $296,000 | Commercial | |
| Previous Owner | $460,000 | Commercial |
Source: Public Records
About the Listing Agent
Tim leads the Tim Good Group as a listing specialist, buyer’s agent, and relocation consultant. The Tim Good Group is grateful to have helped facilitate real estate transactions for 350+ families in Northwest Indiana, Chicagoland, and surrounding metro areas. After receiving several requests from clients wishing to purchase real estate in Florida, the Tim Good Group has now expanded to serve clients in Southwest Florida (Marco Island, Naples, Fort Myers). Along with his direct sales ability to
Timothy's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12442486
APN: 24-17-309-003-0000
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