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$ 385,000
Est. payment | /mo
$ 385,000
Est. payment | /mo
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12424522
Annual Tax Amount $2,266
Tax Year 2023
Lot Dimensions 7,952
Property Sub-Type Land
Property Description
Unlock the potential of this oversized 7,952 sq ft RS5 infill lot at 4809 S Indiana Ave. Zoned for single-family or duplex units, the parcel lies just blocks from transit (43rd Green Line, CTA Routes 29/43), schools, eateries, and cultural venues. Based on recent comps: A 2,500 sq ft singlefamily could sell for $300-400/sq ft, equating to $750K-$1M post-construction. A higher-density twounit duplex or threeflat could potentially reach $1.2M+ in total value, matching nearby renovated multiunit buildings Build your vision here: whether a modern 2,200-2,500 sq ft singlefamily home or a smart duplex approach, this lot delivers strong upside with comparable properties offering $300 +/sq ft value and dense new development activity. A rare offering in Bronzeville's up-and-coming infill corridor - ready to break ground
Location
State IL
County Cook
Area Chi - Grand Boulevard
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Yolanda Jeffries • Lux Life Realty LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "