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Development Opportunity in Chicago
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Pending

6331 South Aberdeen Street, Chicago, IL 60621

RS-3 zoned lot suitable for single-family or two-flat development.

Property SizeContact for details
Lot Size0.07 Acres
Days on Market461

Property Features for 6331 South Aberdeen Street

General Information

Standard status Pending
Lot size 0.07 Acres
Property subtype Land
Zoning SINGL

Taxes and HOA fees

Annual Taxes $330
Listing Agency: Avenue 1 Realty Group
Listed By: Ronald Ohr · License #471020729
Source: Compass
Added: May 7, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:39AM

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 Avenue 1 Realty Group

Investment Insights

Based on property information with market context.

This 25x124.68 lot presents a development opportunity, zoned RS-3, allowing for either a single-family home or a two-flat property. The location is situated in a rapidly developing area of Chicago, characterized by a mix of modern and newly renovated homes, with continued growth observed throughout the neighborhood. The ongoing development and revitalization efforts make this an excellent opportunity for investment, with potential for future appreciation. This property is sold subject to Bankruptcy Court Approval, and the buyer is responsible for conducting their due diligence.

Key Highlights

  • RS‑3 zoning allows for single‑family or 2‑flat property development.
  • Located in a rapidly developing area with increasing revitalization.
  • Excellent investment opportunity with potential for future appreciation.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Skin Care Clinic Gym & Fitness 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

990
Businesses Nearby

Demographics for 60621, IL

29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - RS-3 zoned lot suitable for single-family or two-flat development.
Where is this residential land & home lot located?
The property is located at 6331 South Aberdeen Street 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: RS‑3 zoning allows for single‑family or 2‑flat property development.; Located in a rapidly developing area with increasing revitalization.; Excellent investment opportunity with potential for future appreciation.
More about this property
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