Estimated payment $2,902/month
About This Lot
Developers and Builders - don't miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago's most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making this an ideal site for a thoughtfully designed development that can capture top-of-the-market pricing in a location where new construction consistently commands premium values. Surrounded by modern developments and ongoing revitalization, this parcel sits in a corridor where investment momentum continues to grow. Buyers are encouraged to consult with an architect and/or zoning professional to verify development potential, density allowances, and the intended end use.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,753
Schools
- Ogden Elementary School
- Wells Community Academy Senior H High School
Additional Features
- Lot Dimensions are 25 x 100
- No Utilities
Community Details
- No Laundry Facilities
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 | $3,174 | $18,625 | $18,625 | -- |
| 2024 | $3,174 | $18,625 | $18,625 | -- |
| 2023 | $3,085 | $15,000 | $15,000 | -- |
| 2022 | $3,085 | $15,000 | $15,000 | $0 |
| 2021 | $3,016 | $15,000 | $15,000 | $0 |
| 2020 | $1,894 | $8,500 | $8,500 | $0 |
| 2019 | $1,708 | $8,500 | $8,500 | $0 |
| 2018 | $1,679 | $8,500 | $8,500 | $0 |
| 2017 | $1,615 | $7,500 | $7,500 | $0 |
| 2016 | $1,502 | $7,500 | $7,500 | $0 |
| 2015 | $1,374 | $7,500 | $7,500 | $0 |
| 2014 | $1,183 | $6,375 | $6,375 | $0 |
| 2013 | $1,159 | $6,375 | $6,375 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/01/2026 04/01/26 | For Sale | $485,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | Ticor Title | |
| Trustee Deed | $35,000 | -- | |
| Trustee Deed | -- | -- | |
| Trustee Deed | $33,333 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $174,000 | Purchase Money Mortgage |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12584624
APN: 17-05-412-012-0000
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Ask me questions while you tour the home.