4111 W Monroe Street Chicago, IL 60624

Listing agency Compass Show Phone

Listed by Mary Nack · License #471005830

Added: Jan 28, 2024 Updated: Jun 12 at 11:09AM Checked: Jul 21 at 11:06AM

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MLS# 11969918

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Investment Insights

Based on property information with market context.

This offering presents an investor or builder opportunity with three contiguous, separate lots of record, each measuring 25x121, being sold as one package. Located at 4109, 4111, and 4113 W Monroe, the combined parcel offers 75 feet of frontage. The zoning is RT-4. This property is positioned within the exciting redevelopment of Chicago's West Side, particularly with the City Of Chicago Missing Middle Initiative. As of February 2026, the DPD selected five developers to construct 35 multi-unit buildings valued at $35.5 million. These buildings will consist of 99 market-rate, for-sale units and will replace 24 vacant lots. Furthermore, the Sankofa Village Wellness Center has been approved, funded, and is coming to 4301 W Monroe, along with the MAAFA Fine Arts Center at 4239 W. Washington. The property is located in Chicago, IL 60624, Cook County, and the lot size is approximately 0.21 acres.

Key Highlights

• Three contiguous lots (75' frontage) being sold as one package for redevelopment.
• Zoned RT‑4, suitable for multi‑unit development.
• Located in an area undergoing significant redevelopment as part of the City Of Chicago Missing Middle Initiative.

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FAQs

What type of property is this?

Residential land & home lot - Three contiguous lots in Chicago's West Side redevelopment area.

Where is this residential land & home lot located?

The property is located at 4111 W Monroe Street Chicago, IL.

What is the asking price?

The asking price for this property is $135,000.

What are key features of this property?

This property features: Three contiguous lots (75' frontage) being sold as one package for redevelopment.; Zoned RT‑4, suitable for multi‑unit development.; Located in an area undergoing significant redevelopment as part of the City Of Chicago Missing Middle Initiative.