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Chicago Land Ready For Development
For Sale
$749,000

5001-5015 N Harlem Avenue, Chicago, IL 60656

Land, Chicago, IL

Property SizeContact for details
Lot Size0.26 Acres
Days on Market344

Property Features for 5001-5015 N Harlem Avenue

General Information

Property type Land
Property subtype Other
Elementary school district 299
Middle school district 299
High school district 299
Directions Foster West to Harlem South to Property
Subdivision CHI - Norwood Park
Standard status Active
APN 13073100180000
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 9603
Listing Agency: Chicagoland Brokers Inc.
Listed By: Agnieszka Pieta · License #475155516
Added: Sep 11, 2025 Changed: Aug 19 Last Checked: Aug 20 at 10:06AM
MLS# 12469853

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This property in Chicago, Illinois, offers 11,252 square feet of land, currently paved and utilized for parking. The property consists of four and a half separate parcels, presenting opportunities for developers for various uses.

Key Highlights

  • Prime location for development
  • Large 11,252 square feet lot
  • Suitable for any use imaginable by developers

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Food Market Grocery & Convenience Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,166
Businesses Nearby
363k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 54% Groceries 25% Shops & Services 10% Apparel 8%
Raising Cane's Chicken Fingers Dining
53,622 visits/mo 0.4 miles
Jewel-Osco Groceries
53,010 visits/mo 0.4 miles
Portillo's Dining
49,145 visits/mo 0.4 miles
McDonald's Dining
35,329 visits/mo 0.1 miles
Aldi Groceries
30,681 visits/mo 0.5 miles

Demographics for 60656, IL

28,474
Population
12,840
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
92%
High-School Grad
3.2 sq mi
ZIP Area
8,898
Density / Sq Mi
$88,000
Median Household Income
$54,639
Median Earnings
$1,388
Median Rent
$344,400
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 11,252 square feet of land ready for development.
Where is this commercial land located?
The property is located at 5001-5015 N Harlem Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Prime location for development; Large 11,252 square feet lot; Suitable for any use imaginable by developers
More about this property
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