$300,000
SOLD NOV 12, 2025
0 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

$290 Per Sq Ft

60% Below List Price

0 Day on Market

About This Lot

As of November 2025

Prime opportunity in desirable Norwood Park-this 5,000 SF lot offers exceptional potential for redevelopment. The property previously functioned as a single-family home converted to office use and is now being sold as land. Located in an established residential area and zoned RT-4 (Residential Two-Flat, Townhouse and Multi-Unit District), this site allows for a variety of residential options including two-flats, townhomes, or small multi-unit developments. Ideal for builders, investors, or end-users looking to create a custom project in a well-connected neighborhood near transit, schools, and parks!

Last Agent to Sell the Property

Niko Apostal

Essex 312, LLC License #471017557 Listed on: 11/03/2025

Last Buyer's Agent

Thomas Shallcross

GC Realty and Development License #475194490

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,643

Lot Details

  • Lot Dimensions are 40' x 125'

Property Details

Property Type

Land

Est. Annual Taxes

$4,643

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Lot Info

  • Lot Dimensions: 40' x 125'
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 4643
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2025
Closed on
Nov 10, 2025
Sold by
Land Trust Company and Trust No 25-7514
Bought by
Now Serving James Llc
Seller's Agent
Niko Apostal
Essex 312, LLC
Buyer's Agent
Thomas Shallcross
GC Realty and Development
List Price
$750,000
Sold Price
$300,000
Premium/Discount to List
-$450,000
-60%
Views
3
Current Estimated Value
$417,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,937
Avg. Annual Appreciation
165.15%
Source: Public Records
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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
Deed $300,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Sold $300,000 -60.0% $290 / Sq Ft
11/03/2025 11/03/25 Pending -- -- --
11/03/2025 11/03/25 For Sale $750,000 -- $724 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,643 $30,000 $12,500 $17,500
2024 $4,643 $30,000 $12,500 $17,500
2023 $4,526 $22,000 $10,000 $12,000
2022 $4,526 $22,000 $10,000 $12,000
2021 $4,425 $22,005 $10,005 $12,000
2020 $5,124 $23,000 $6,250 $16,750
2019 $5,135 $25,556 $6,250 $19,306
2018 $5,048 $25,556 $6,250 $19,306
2017 $4,610 $21,414 $5,500 $15,914
2016 $4,289 $21,414 $5,500 $15,914
2015 $4,131 $22,542 $5,500 $17,042
2014 $3,806 $20,514 $5,000 $15,514
2013 $3,731 $20,514 $5,000 $15,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12505996

Midwest Real Estate Data (MRED)

APN: 13-07-231-041-0000

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