Listing Agency: COLDWELL BANKER REALTY

Listed By: LORAINE JENNINGS Show Phone

Source: Corcoran

Added: May 27, 2025 Changed: Mar 16 Last Checked: Mar 25 at 1:50PM

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Investment Insights

Based on property information with market context.

This Bronzeville development opportunity features RM5 zoning and lot dimensions of 40x75. The lot currently has foundation footings and a constructed first floor, based on prior plans that will be provided. The property is located on an alley, facilitating ease of construction. It is situated blocks away from King Drive, offering convenient access to the surrounding area. The intended use is for a four-unit building.

Key Highlights

• Development opportunity for a 4‑unit building.
• RM5 zoning allows for multi‑unit construction.
• Foundation footings and first floor already constructed.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Auto Parts Store Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

947

Businesses Nearby

Explore this area Business Placement

Demographics for 60653, IL

33,146

Population

18,279

Households

1.8

Avg Household Size

37

Median Age

38%

College-Educated

90%

High-School Grad

2.4 sq mi

ZIP Area

13,811

Density / Sq Mi

$39,565

Median Household Income

$49,335

Median Earnings

$856

Median Rent

$347,800

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 - Development opportunity for a four-unit building in Bronzeville.

Where is this residential land & home lot located?

The property is located at 212 E 41st Street Chicago, IL.

What is the asking price?

The asking price for this property is $69,000.

What are key features of this property?

This property features: Development opportunity for a 4‑unit building.; RM5 zoning allows for multi‑unit construction.; Foundation footings and first floor already constructed.