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Chicago Ridge Development Opportunity
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11020 S Central Ave, Chicago Ridge, IL 60415

Development opportunity in Chicago Ridge near multifamily buildings.

Property SizeContact for details
Days on Market262

Property Features for 11020 S Central Ave

General Information

Standard status Active
Property subtype Land, Multifamily
Zoning RS
Listing Agency: SVN Chicago Commercial
Listed By: Derek Gonsch · License #IL 475.192105
Source: Crexi
Added: Nov 20, 2025 Changed: Aug 8 Last Checked: Jul 16 at 10:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Chicago Commercial

Investment Insights

Based on property information with market context.

This development opportunity is located in Chicago Ridge, near the intersection of 111th and Central, on the west side of the street. The site is surrounded by other multifamily buildings and is located blocks from the local high school. The property has been recently fenced and cleared of all trees and shrubs. This site may be suitable for adding more units to a portfolio.

Key Highlights

  • Exceptional development opportunity in Chicago Ridge.
  • Surrounded by multifamily buildings.
  • Cleared and fenced site ready for development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Hair Salon Spa & Massage Center

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

397
Businesses Nearby

Demographics for 60415, IL

14,433
Population
5,840
Households
2.5
Avg Household Size
37
Median Age
28%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
6,275
Density / Sq Mi
$69,389
Median Household Income
$48,226
Median Earnings
$1,198
Median Rent
$217,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Development opportunity in Chicago Ridge near multifamily buildings.
Where is this residential land & home lot located?
The property is located at 11020 S Central Ave Chicago Ridge, IL.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Exceptional development opportunity in Chicago Ridge.; Surrounded by multifamily buildings.; Cleared and fenced site ready for development.
(708) 267-9988 Call to check price and availability
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