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    1451 E Marquette Rd Chicago, IL 60637

    Sponsored
    For Sale
    Pending
    $129,999

    Land - Chicago, IL

    Days on Market:
    54
    Last Refresh:
    Jan 9 at 11:06 am

    Property Features for 1451 E Marquette Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Pending
    APN
    20232250220000

    Building Details

    Architectural style
    Other

    Keller Williams Chicago ONEChicago (312) 216-2422 [email protected]

    Listing agent Melanie Miller (312) 216-2422 License #475190023

    Listing date Nov 17, 2025

    MLS# 12473791 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

    Residential Land in East Woodlawn

    This is an investment opportunity featuring contiguous residential-zoned city lots. The property is located in East Woodlawn, Chicago. The location is near the future Obama Presidential Library, Jackson Park, and the lakefront. The property is suitable for new construction single-family homes, multi-unit buildings, or condo developments. The surrounding area is experiencing ongoing development and community investment. The property is positioned as a large-scale land opportunity in a South Side location.
    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 Building Supply Clothing Store 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
    -87.5890274
    Latitude
    41.7748901

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    FAQs

    What type of property is this?
    Land - Residential-zoned city lots in a rapidly appreciating Chicago neighborhood.
    Where is this land located?
    The property is located at 1451 E Marquette Rd Chicago, IL.
    What is the asking price?
    The asking price for this property is $129,999.
    What are key features of this property?
    This property features: - Large contiguous residential-zoned city lots ideal for single-family homes, multi-units, or condo developments.; - Prime location in rapidly appreciating East Woodlawn.; - Close proximity to the future Obama Presidential Library, Jackson Park, and the lakefront.
    (312) 813-5746
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    1451 E Marquette Rd Chicago, IL 60637
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    Chicago, IL 60637
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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
    1451 E Marquette Rd Chicago, IL 60637
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