7018 S Stony Island Ave Chicago, IL 60649
Grand Crossing NeighborhoodEstimated payment $11,594/month
About This Lot
Prime Commercial Lots for Sale 7018 & 7022 Stony Island Ave High-Traffic on Stony Island Near 71st Street. These two adjacent commercial lots are located directly on Stony Island Avenue-one of the busiest corridors in the Chicago metro area-offering unmatched exposure, accessibility, and investment potential. Just minutes from the upcoming Obama Presidential Center and Positioned right across from Dunkin', gas station, Starbucks, major grocery stores, and strong retail synergy with national brands nearby, this location offers constant foot and vehicle traffic all day long. Direct access from CTA bus stop at the front and walking distance to the METRA station. It's surrounded by a mix of thriving service businesses and sits within a stable, high-density residential community. Whether you're a developer, investor, or business owner, this is a rare opportunity to secure land in a proven retail destination with built-in demand and long-term growth potential. Zoning C1-2. Total 16,100 sqft. Both lots are sold as a package.
Property Details
Property Type
- Land
Est. Annual Taxes
- $9,426
Lot Details
- Lot Dimensions are 50 x 241.5
- Property is zoned COMMR
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 |
|---|---|---|---|---|
| 2024 | $9,426 | $54,751 | $30,188 | $24,563 |
| 2023 | $9,011 | $34,741 | $27,169 | $7,572 |
| 2022 | $9,011 | $34,741 | $27,169 | $7,572 |
| 2021 | $8,799 | $34,740 | $27,168 | $7,572 |
| 2020 | $8,547 | $31,050 | $27,168 | $3,882 |
| 2019 | $7,769 | $31,050 | $27,168 | $3,882 |
| 2018 | $7,590 | $31,050 | $27,168 | $3,882 |
| 2017 | $8,898 | $33,724 | $22,640 | $11,084 |
| 2016 | $8,252 | $33,724 | $22,640 | $11,084 |
| 2015 | $7,504 | $33,724 | $22,640 | $11,084 |
| 2014 | $7,547 | $33,724 | $22,640 | $11,084 |
| 2013 | $7,462 | $33,724 | $22,640 | $11,084 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Price Changed | $1,999,000 | +99.9% | -- |
| 04/26/2025 04/26/25 | For Sale | $1,000,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | $2,000 | None Available | |
| Warranty Deed | $500,000 | First American Title | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12346444
APN: 20-23-424-049-0000
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