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Vacant Commercial Land with Street Frontage
For Sale
$199,000

8314 S Stony Island Avenue lot 6 7 8, Chicago, IL 60617

Land, Chicago, IL

Property SizeContact for details
Days on Market198

Property Features for 8314 S Stony Island Avenue lot 6 7 8

General Information

Property type Land
Property subtype Other
Zoning COMMR
Elementary school district 299
Middle school district 299
High school district 299
Directions Stony Island North or South To Address. Site is next to the Station on 83rd St
Subdivision CHI - Avalon Park
Standard status Active
APN 20354030280000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3866
Listing Agency: Infiniti Properties, Inc.
Listed By: Rima Odeh · License #475102798
Added: Mar 11 Changed: Aug 20 Last Checked: Sep 24 at 4:06PM
MLS# 12590150

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 commercial land parcel contains approximately 9,375 square feet within Chicago’s Avalon Park business district. The lot measures approximately 75 feet by 125 feet and carries three PINs: 28, 29, and 30, associated with 8314, 8316, and 8317 S Stony Island Avenue.

The property fronts Stony Island Avenue near the southwest corner of 83rd Street and Stony Island Avenue. The surrounding area includes national and regional retailers and a concentrated business and shopping district, with a reported traffic count of 47,000. The Obama Presidential Library is noted as under construction a short distance south of the site.

Key Highlights

  • Approximately 9,375 square feet of vacant commercial land
  • Lot dimensions of approximately 75' x 125'
  • Located on Stony Island Avenue near 83rd Street

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Storage Facility Computer & Electronic Repair Bar & Pub

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

1,164
Businesses Nearby

Demographics for 60617, IL

77,270
Population
35,031
Households
2.2
Avg Household Size
39
Median Age
20%
College-Educated
82%
High-School Grad
13.7 sq mi
ZIP Area
5,640
Density / Sq Mi
$51,237
Median Household Income
$36,926
Median Earnings
$1,010
Median Rent
$168,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Vacant commercial land positioned along a busy retail and shopping corridor.
Where is this commercial land located?
The property is located at 8314 S Stony Island Avenue lot 6 7 8 Chicago, IL.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Approximately 9,375 square feet of vacant commercial land; Lot dimensions of approximately 75' x 125'; Located on Stony Island Avenue near 83rd Street
More about this property
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