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    12129 S Parnell Ave Chicago, IL 60628

    Sponsored
    For Sale
    Contact for pricing

    Land - Chicago, IL

    Days on Market:
    58
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 12129 S Parnell Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    25281210090000

    Building Details

    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Aaron Gaines (708) 798-1111 License #475177288

    Listing date Nov 14, 2025

    MLS# 12517901 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Chicago Land Parcel Opportunity

    This is a rare opportunity to own a premium parcel in the heart of Chicago's vibrant West Pullman community. The expansive 4,551 sq ft lot (approximately 37x123) is fully cleared and ready for development. Suited for building a home, crafting a custom investment, or executing a smart development strategy, this property offers flexibility and potential. The neighborhood offers accessibility and community charm, with proximity to local schools, convenient shopping, public transportation, and other essential amenities. Infrastructure is in place, with utilities nearby. This unoccupied lot offers a blank canvas for design. Acquiring a site in the city with this kind of flexibility and promise is a strategic move for building a legacy home or adding an adaptive asset to a portfolio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6354046
    Latitude
    41.6732926

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    FAQs

    What type of property is this?
    Land - Cleared 4,551 sq ft lot ready for development.
    Where is this land located?
    The property is located at 12129 S Parnell Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $18,999.
    What are key features of this property?
    This property features: - Large 4,551 sq ft cleared lot ready for development.; - Ideal for building a custom home, investment property, or development project.; - Located in Chicago's West Pullman community, close to schools, shopping, and public transportation.
    (708) 479-3300
    Request Owner's contact information
    12129 S Parnell Ave Chicago, IL 60628
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    Chicago, IL 60628
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12129 S Parnell Ave Chicago, IL 60628
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