RT-4 Zoned Lot
For Sale
$45,000
1314 S Springfield Avenue, Chicago, IL 60623
Prime RT-4 zoned lot with endless development potential.
Property SizeContact for details
Days on Market475
Property Features for 1314 S Springfield Avenue
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$778
Listing Agency:
REALTY OF AMERICA, LLC
(708) 788-1900
Listed By:
DAVID DOMINGUEZ
Source:
Corcoran
Added: May 8, 2025
Changed: Mar 16
Last Checked: Aug 7 at 10:23AM
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 REALTY OF AMERICA, LLC
Investment Insights
Based on property information with market context.
This RT-4 zoned lot presents a development opportunity in a residential district. The zoning allows for various building options, including townhomes, two-flat buildings, multi-unit structures, or a single-family home. This property is suitable for experienced builders or investors seeking a project with potential.
Key Highlights
- Prime RT‑4 Zoned Lot: Offers significant development potential.
- Flexibility for Various Development Options: Suitable for townhomes, two‑flats, multi‑unit buildings, or a single‑family home.
- Sought‑After Residential District: Located in a desirable area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
899
Businesses Nearby
Explore this area
Business Placement
Demographics for 60623, IL
87,649
Population
31,300
Households
2.8
Avg Household Size
32
Median Age
14%
College-Educated
69%
High-School Grad
5.4 sq mi
ZIP Area
16,231
Density / Sq Mi
$44,040
Median Household Income
$32,642
Median Earnings
$1,054
Median Rent
$221,400
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Land - Prime RT-4 zoned lot with endless development potential.
Where is this land located?
The property is located at 1314 S Springfield Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Prime RT‑4 Zoned Lot: Offers significant development potential.; Flexibility for Various Development Options: Suitable for townhomes, two‑flats, multi‑unit buildings, or a single‑family home.; Sought‑After Residential District: Located in a desirable area.
