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    201 E 70Th St Chicago, IL 60637

    New
    For Sale
    Contact for pricing

    Land - Chicago, IL

    Lot size:
    0.13 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 201 E 70Th St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    20223230010000
    Lot size
    0.13 Acres

    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 Dec 4, 2025

    MLS# 12528140 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

    Vacant Land Development Opportunity

    This vacant land portfolio features two contiguous lots, located at 201-209 E 70th St in Chicago. The combined area of the lots is 5,825 square feet, which is approximately 0.13 acres. The land, situated in the Greater Grand Crossing area, was formerly the site of a multi-family building. The property is cleared and presents a development opportunity for new construction. Potential uses include multi-unit residential housing, mixed-use developments, or creative redevelopment projects; however, buyers should verify zoning and intended use. The location offers convenient access to public transportation, dining, and shopping options. It is also located minutes from I-90/94 and downtown Chicago. The surrounding area is undergoing rapid development and community revitalization, making it suitable for investors, builders, and developers looking to participate in Chicago's south side resurgence.
    Property Profile 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
    -87.6197799
    Latitude
    41.767296

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    FAQs

    What type of property is this?
    Land - Two contiguous lots in Greater Grand Crossing, Chicago.
    Where is this land located?
    The property is located at 201 E 70Th St Chicago, IL.
    What is the asking price?
    The asking price for this property is $24,500.
    What are key features of this property?
    This property features: - Prime development opportunity in Greater Grand Crossing; - Two contiguous vacant lots totaling 5,825 sq ft; - Cleared land ready for new construction, consider multi-unit residential, mixed-use, or creative redevelopment
    (708) 798-1111
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    201 E 70Th St 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
    201 E 70Th St Chicago, IL 60637
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