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Two Lots in Hot Area

1814-16 S Jefferson Street, Chicago, IL 60616

For Sale
$549,900
Pending

Two lots zoned RT-4, great for development.

Property SizeContact for details
Lot Size0.11 Acres
Days on Market531

Property Features for 1814-16 S Jefferson Street

General Information

Standard status Pending
Lot size 0.11 Acres
Property subtype LAND

Site & Location

Neighborhood South Loop

Taxes and HOA fees

Annual Taxes $11,993
Listing Agency: RE/MAX Premier
Listed By: Mona Jee · License IL #475138375
Source: Dawnmckennagroup
Added: Jun 2, 2025 Changed: Nov 13 Last Checked: Nov 12 at 2:49PM

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 RE/MAX Premier

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The property consists of two lots with a combined area of 48 x 101. Each lot is zoned RT-4, making them suitable for development. Buildings are currently on the lot with month-to-month renters paying below-market rent. The property is located in a high-demand area and includes 1816 S Jefferson.

Key Highlights

  • Two lots totaling 48 x 101.
  • Each lot zoned RT‑4.
  • Great for development in a hot area.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Carpet & Flooring Store (Bike/Boat/Book/etc) Store Nursing Home Butcher Tanning Salon Grocery & Convenience 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

2,827
Businesses Nearby

Demographics for 60616, IL

54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two lots zoned RT-4, great for development.
Where is this residential land & home lot located?
The property is located at 1814-16 S Jefferson Street Chicago, IL.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two lots totaling 48 x 101.; Each lot zoned RT‑4.; Great for development in a hot area.
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Includes: Price & PSF · Cap rate · Location · Zoning

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