Zoned RS-3 Residential
5017 S Ada Street Chicago, IL 60609
For Sale
Contact for pricing
LAND - Chicago, IL
Property Size3,125 SF
Price / SF$6.08
Days on Market104
Property Features for 5017 S Ada Street
General Information
Property type
Land
Property subtype
Other
Standard status
Active
APN
20081290090000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
429
Listing Agency:
A.R.E. Partners Inc.
(312) 300-7237
Listed By:
Antje Gehrken · License #471002284
(312) 339-7655
Added: Apr 16
Changed: Jun 25
Last Checked: Jul 28 at 7:06PM
MLS# 12621177
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 is a blank-slate land parcel totaling approximately 3,125 square feet, offered for sale in as-is, where-is condition with no representations or warranties. The property is located in the New City community of Chicago in the 20th Ward and is zoned RS-3.
The parcel is described as being in close proximity to areas designated for mixed commercial use zoning B3-2 in the 47th/Ashland TIF district, with several ongoing projects referenced by the seller. It is also approximately a 10-minute drive from Kennedy King Community College. Access to CTA bus lines is noted along 51st Street and near Ashland Avenue.
This offering is best suited for buyers who want to evaluate build and development possibilities directly, including verifying size, zoning, TIF availability, and all other intended-use details as part of their due diligence. Offers must reflect buyer due diligence and attorney review. The stated offer deadline is 4/19/24, with closing to occur on or before 4/30/24. The property is being sold at 5017 S Ada Street, Chicago, IL 60609.
The parcel is described as being in close proximity to areas designated for mixed commercial use zoning B3-2 in the 47th/Ashland TIF district, with several ongoing projects referenced by the seller. It is also approximately a 10-minute drive from Kennedy King Community College. Access to CTA bus lines is noted along 51st Street and near Ashland Avenue.
This offering is best suited for buyers who want to evaluate build and development possibilities directly, including verifying size, zoning, TIF availability, and all other intended-use details as part of their due diligence. Offers must reflect buyer due diligence and attorney review. The stated offer deadline is 4/19/24, with closing to occur on or before 4/30/24. The property is being sold at 5017 S Ada Street, Chicago, IL 60609.
Key Highlights
- 3125 sq. ft. blank slate property in the New City community of Chicago (20th Ward)
- Zoned RS‑3
- In close proximity to mixed commercial zoning B3‑2 in the 47th/Ashland TIF district with several ongoing projects
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Blank-slate land parcel zoned RS-3, offered for sale as-is with strong transit access nearby.
Where is this residential land & home lot located?
The property is located at 5017 S Ada Street Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 3125 sq. ft. blank slate property in the New City community of Chicago (20th Ward); Zoned RS‑3; In close proximity to mixed commercial zoning B3‑2 in the 47th/Ashland TIF district with several ongoing projects
