Vacant Lot in Avalon
For Sale
$199,000
8314 S Stony Island Avenue lot 6 7 8, Chicago, IL 60617
LAND - Chicago, IL
Property SizeContact for details
Lot Size0.22 Acres
Days on Market152
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
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
3866
Listing Agency:
Infiniti Properties, Inc.
(708) 206-3000
Listed By:
Rima Odeh · License #475102798
(708) 206-3000
Added: Mar 11
Changed: Apr 15
Last Checked: Aug 9 at 9:06PM
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 property is a vacant lot with approximately 9,375 square feet of space, situated in a densely populated area within Chicago's Avalon Park business district. It features 75 square feet of frontage on Stony Island Avenue, a busy thoroughfare with a traffic count of 47,000. The lot dimensions are approximately 75 feet by 125 feet. Zoned B3-2, the location allows for a variety of uses, including retail, commercial, and mixed-use buildings. The property is surrounded by national and regional retailers and is located in the heart of the business and shopping district. It is located just minutes south of the Obama Presidential Library, which is currently under construction. The property consists of three pin numbers.
Key Highlights
- Prime location in Chicago's Avalon Park business district.
- High traffic count (47,000) on Stony Island.
- Zoned B3‑2 allowing for retail, commercial, and mixed‑use development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
12,132
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - 9,375 sq ft vacant lot in Chicago's Avalon Park.
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: Prime location in Chicago's Avalon Park business district.; High traffic count (47,000) on Stony Island.; Zoned B3‑2 allowing for retail, commercial, and mixed‑use development.
