$299,000

1700 W 48th Street, Chicago, IL 60609

Land
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 28 days ago

Property Description

Prime development opportunity in the heart of Chicago's Back of the Yards neighborhood. This offering includes two adjacent vacant lots being sold together, situated on a corner location and currently fully fenced. The property includes two separate PIN numbers, and the listed lot dimensions represent the combined size of both parcels. Each lot is estimated at approximately 45' x 125', providing a combined footprint of approximately 90' x 125' (11,250 square feet total). The property is located in a B3-1 Community Shopping District, which allows for a wide variety of commercial and mixed-use developments, including retail storefronts, service businesses, offices, and residential units above the ground floor. Buyers should verify zoning and permitted uses with the City of Chicago to confirm their intended development plans. The property is being sold together with 1704 W 48th St included in the sale. 2024 property taxes shown reflect the combined total for both parcels. Located in a rapidly evolving area, the property benefits from ongoing redevelopment and community investment throughout Back of the Yards, including the nearby United Yards mixed-use development featuring retail, housing, and community services, as well as new residential construction projects transforming vacant lots throughout the neighborhood. These improvements are part of broader initiatives aimed at revitalizing the commercial corridors and increasing housing opportunities in the area. This site presents an excellent opportunity for developers, investors, or owner-users seeking a buildable lot in a growing Chicago neighborhood with strong long-term potential.

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 3:18PM
Listing Office:: Realty of America, LLC : 773-520-0571
Listing Agent:: Ivan Hernandez : 773-520-0571
MLS ID:: 12585334

Parking: Parking spaces: 0

Road/Access: AsphaltCity Street
Originating MLS: mred
School District: 299
County: Cook

Zoning: 20072050400000

Utilities: Unknown (verify)

Source: mred
Ownership: Fee Simple

This listing courtesy of Ivan Hernandez , Realty of America, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Chavez Multicultural Academic Center Elementary School

4747 S Marshfield Ave, Chicago, IL, 60609

Grades PK-8

0.10 miles away

Chavez Multicultural Academic Center Elementary School

4747 S Marshfield Ave, Chicago, IL, 60609

Grades PK-8

0.10 miles away

Peace and Education Coalition High School

4946 S Paulina St, Chicago, IL, 60609

Grades 10-12

0.23 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.