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Two Lots in Hot Area
For Sale
$549,900

1816 S Jefferson Street, Chicago, IL 60616

Two lots zoned RT-4, great for development.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market433

Property Features for 1816 S Jefferson Street

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $10,617
Listing Agency: RE/MAX PREMIER
Listed By: MONA JEE · License #475138375
Source: Corcoran
Added: Jun 3, 2025 Changed: Aug 8 Last Checked: Jul 16 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 RE/MAX PREMIER

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

Current Use

Residential land & home ...

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

2,938
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
Rey
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 - Two lots zoned RT-4, great for development.
Where is this residential land & home lot located?
The property is located at 1816 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.
More about this property
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