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815 W 50th Place, Chicago, IL, 60609
Vacant Land in New City

815 W 50th Place Chicago, IL 60609

For Sale
Under Contract
Contact for pricing

LAND - Chicago, IL

Days on Market921

Property Features for 815 W 50th Place

General Information

Property type Land
Property subtype Other
Standard status Active Under Contract
APN 20082210170000

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 396
Listing Agency: A.R.E. Partners Inc.
Listed By: Antje Gehrken · License #471002284
Added: Jan 19, 2024 Changed: May 13 Last Checked: Jul 28 at 7:06PM
MLS# 11958694

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 vacant land offers a development opportunity in Chicago's New City community, located in the 20th ward. The property is zoned RS-3 and situated within the 47th/Ashland TIF district, an area with multiple ongoing projects. The lot size is 3027 square feet and is located adjacent to blossoming commercial use zoning. The location is approximately a 10-minute drive from Kennedy King Community College, with access to CTA bus lines on 51st Street and nearby Ashland Avenue. The property is being sold in AS IS/WHERE IS condition with no representations or warranties. Buyers are responsible for performing all due diligence, including verifying size, zoning, permitted uses, TIF availability, and other relevant details.

Key Highlights

  • Large 3027 sq.ft. property offering a blank slate for development.
  • Located in the New City community, 20th ward of Chicago.
  • Zoned RS‑3 in the 47th/Ashland TIF district with multiple ongoing projects.

Property Analytics

Property Profile Location Intelligence

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Commercial land - Blank slate in Chicago's New City community, great opportunity.
Where is this commercial land located?
The property is located at 815 W 50th Place 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: Large 3027 sq.ft. property offering a blank slate for development.; Located in the New City community, 20th ward of Chicago.; Zoned RS‑3 in the 47th/Ashland TIF district with multiple ongoing projects.
More about this property
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