Zoned Residential Land
For Sale
Contact for pricing
Pending
5118 South Justine Street, Chicago, IL 60609
Residential lot zoned RS-3, offered in as-is condition with nearby mixed-use zoning B3-2.
Property Size2,904 SF
Days on Market935
Property Features for 5118 South Justine Street
General Information
Standard status
Pending
Size
2,904 SF
Property subtype
Land
Zoning
RS-3
Taxes and HOA fees
Annual Taxes
$379
Listing Agency:
A.R.E. Partners Inc.
(773) 267-6887
Listed By:
Antje Gehrken · License #471002284
(773) 267-6887
Source:
Compass
Added: Jan 18, 2024
Changed: Aug 8
Last Checked: Apr 17 at 7:17AM
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 A.R.E. Partners Inc.
Investment Insights
Based on property information with market context.
This is a for-sale residential land lot in the New City community of Chicago. The property is zoned RS-3 and is being sold in an “AS IS / WHERE IS” condition with no representations or warranties. Buyer due diligence is required, including confirmation of size, zoning, and intended use.
The property is located in close proximity to areas with mixed commercial zoning B3-2 within the 47th/Ashland TIF district, where multiple ongoing projects are noted in the remarks. It is estimated to be about a 10-minute drive from Kennedy King Community College and close to multiple CTA transit lines.
All offers are subject to due diligence and attorney review, with deadlines noted in the remarks for submission and closing.
The property is located in close proximity to areas with mixed commercial zoning B3-2 within the 47th/Ashland TIF district, where multiple ongoing projects are noted in the remarks. It is estimated to be about a 10-minute drive from Kennedy King Community College and close to multiple CTA transit lines.
All offers are subject to due diligence and attorney review, with deadlines noted in the remarks for submission and closing.
Key Highlights
- Residential lot zoned RS‑3 in Chicago’s 16th ward
- 2,904 sq. ft property offered in AS IS/WHERE IS condition with no representations or warranties
- Near mixed commercial zoning B3‑2 in the 47th/Ashland TIF district with several ongoing projects
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,031
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential lot zoned RS-3, offered in as-is condition with nearby mixed-use zoning B3-2.
Where is this residential land & home lot located?
The property is located at 5118 South Justine 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: Residential lot zoned RS‑3 in Chicago’s 16th ward; 2,904 sq. ft property offered in AS IS/WHERE IS condition with no representations or warranties; Near mixed commercial zoning B3‑2 in the 47th/Ashland TIF district with several ongoing projects
