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Chicago Land Development Opportunity

1814-16 S Jefferson Street, Chicago, IL 60616

For Sale
$549,900

Land, Chicago, IL

Property SizeContact for details
Lot Size0.05 Acres
Days on Market526

Property Features for 1814-16 S Jefferson Street

General Information

Property type Land
Property subtype Other
Elementary school district 299
Middle school district 299
High school district 299
Directions TAKE 18TH STREET TO JEFFERSON (W600), SOUTH ON JEFFERSON TO ADDRESS.
Subdivision CHI - Lower West Side
Standard status Active
APN 17213180160000
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11993

Utilities

Utilities Natural Gas Available
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Mona Jee · License IL #475138375
Added: Jun 2, 2025 Changed: Nov 9 Last Checked: Nov 9 at 9:06PM
MLS# 12382066

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This property features two lots with a combined area of 48 x 101. Each lot is zoned RT-4, presenting a development opportunity in a desirable area. The property includes buildings with month-to-month renters currently paying below-market rent. The included address is 1816 S Jefferson.

Key Highlights

  • Two lots totaling 48 x 101, providing ample space.
  • Each lot is zoned RT‑4, ideal for development.
  • Located in a hot area, indicating high demand and potential appreciation.

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 totaling 48 x 101 in a hot area.
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, providing ample space.; Each lot is zoned RT‑4, ideal for development.; Located in a hot area, indicating high demand and potential appreciation.
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Includes: Price & PSF · Cap rate · Location · Zoning

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