Listing Agency: Hoff, Realtors

Listed By: Larrell Lee · License #471008803 Show Phone

Source: Compass

Added: Oct 12, 2025 Changed: Sep 26 Last Checked: Sep 26 at 1:20PM

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Investment Insights

Based on property information with market context.

This offering is for a residential building lot only, sold as land with no building improvements included in the provided information.

The property is located at 1647 South Drake Avenue in Chicago, Illinois 60623.

Please note the listing data provided does not include lot dimensions, zoning, or development details, so interested parties should confirm those items during due diligence.

Property Analytics

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Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Nursing Home Law Firm Catering Service (Bike/Boat/Book/etc) Store

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

1,231

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

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - For-sale residential lot in Chicago, IL, offered as land only.

Where is this residential land & home lot located?

The property is located at 1647 South Drake Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $100,000.