Zoned Residential Lot Development
For Sale
Contact for pricing
Pending
5319 South Carpenter Street, Chicago, IL 60609
Blank-slate lot zoned RS-3 near mixed commercial zoning, offered in AS IS/WHERE IS condition.
Property Size3,125 SF
Days on Market935
Property Features for 5319 South Carpenter Street
General Information
Standard status
Pending
Size
3,125 SF
Property subtype
Land
Zoning
RS-3
Taxes and HOA fees
Annual Taxes
$430
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 blank-slate residential development lot in the New City community of Chicago, located at 5319 South Carpenter Street. The property is described as zoned RS-3 and is being sold as AS IS/WHERE IS, with no representations or warranties. Buyer due diligence is required, including confirmation of size, zoning, intended use, and any TIF availability, along with all other matters relevant to development or permitting.
The offering also notes nearby mixed commercial use zoning conditions, including proximity to C1-2 zoning. Access to CTA bus lines is identified on 51st and nearby Ashland Ave, and the property is described as approximately a 10-minute drive from Kennedy King Community College.
Offers must reflect the required due diligence and attorney review process, with review due by 4/19/24 and closing on or before 4/30/24.
The offering also notes nearby mixed commercial use zoning conditions, including proximity to C1-2 zoning. Access to CTA bus lines is identified on 51st and nearby Ashland Ave, and the property is described as approximately a 10-minute drive from Kennedy King Community College.
Offers must reflect the required due diligence and attorney review process, with review due by 4/19/24 and closing on or before 4/30/24.
Key Highlights
- Blank‑slate property in the New City community of Chicago (16th ward).
- Zoned RS‑3, with C1‑2 mixed commercial zoning in close proximity.
- Approximately 3,125 sq ft lot size.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
504
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
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 - Blank-slate lot zoned RS-3 near mixed commercial zoning, offered in AS IS/WHERE IS condition.
Where is this residential land & home lot located?
The property is located at 5319 South Carpenter 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: Blank‑slate property in the New City community of Chicago (16th ward).; Zoned RS‑3, with C1‑2 mixed commercial zoning in close proximity.; Approximately 3,125 sq ft lot size.
