Great opportunity to bring your vision to this blank slate located in the New City community of Chicago in the 20th ward. Its zoned RT-4 in the 47th/Ashland TIF district with multiple ongoing projects. This 3125 sq. ft. is adjacent to a blossoming commercially zoned area. Great opportunity for developers/builders. an est. 10 min drive from Kennedy King Community College, and has access to CTA bus lines on 51st and nearby Ashland Ave. Property being sold in AS IS/WHERE IS condition with no representations, or warranties. Buyer to perform all due diligence including size, zoning, use, TIF availability, and all other details. Offers must reflect due diligence and attorney review to occur through 4/19/24 with closing on or before 4/30/24.
New City / Back of the Yards, located between Pershing Road and 55th Street, is a historic and industrial Chicago neighborhood with brick two-flats and rail-lined corridors. The neighborhood’s character concentrates around 47th Street and Ashland Avenue, where taquerias, corner bakeries, and long-running storefronts sit beside working warehouses. The Union Stock Yard Gate anchors the area’s legacy in the streetscape. Back of the Yards Coffee Co. adds a modern counterpoint in a straightforward, workshop-like setting. Davis Square Park and the broad lawns of Sherman Park frame everyday outdoor time among gridded blocks and freight routes.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
No buildings on land
Exterior features
City street frontage
25 ft frontage length
Asphalt road access
Lot dimensions: 3125
Home design
Land parcel (Fee Simple ownership)
Construction
Property type: Land
Utilities
Utilities: Unknown (verify)
Financial info
No special service area
2023 taxes: $431
Electricity and solar
View estimated energy costs and solar savings for this home
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Cook County
APN
20081270310000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jan 20, 2024.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60609
Average low and high temperatures (°F)
31
17
39
25
54
36
62
45
68
52
81
65
85
71
81
68
78
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Redfin Estimate
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $14,000 and $120,000.
This home may not be allowing tours right now
The seller has already accepted an offer. You can request a tour anyway or ask an agent about submitting a backup offer.