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Zoned Multi-Family Development Lot
For Sale
$69,900

2545 W Monroe Street, Chicago, IL 60612

Residential lot zoned RM-5, suitable for multi-family development, with skyline views.

Property SizeContact for details
Days on Market19

Property Features for 2545 W Monroe Street

General Information

Standard status Active
Property subtype Land or Vacant Lot
Zoning RM-5

Taxes and HOA fees

Annual Taxes $1,290
Listing Agency: CITY SUBURBAN REAL ESTATE OF IL, INC.
Listed By: GERESE TADROS · License #475170578
Source: Corcoran
Added: Jul 22 Changed: Aug 8 Last Checked: Jul 23 at 2:31AM

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 CITY SUBURBAN REAL ESTATE OF IL, INC.

Investment Insights

Based on property information with market context.

This near West Side residential lot is zoned RM-5 for multi-family development. The property is described as having skyline views.

The lot is listed as being less than five blocks away from the $7 billion 1901 Project, which is expected to transform the area.

For-sale offering presented as land only, with zoning supporting multi-family use under RM-5.

Key Highlights

  • Residential lot zoned RM‑5 for multi‑family development
  • Skyline views
  • Located less than 5 blocks from the $7 billion 1901 Project

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Accounting Firm (Bike/Boat/Book/etc) Store HVAC Service Veterinary Clinic Computer & Electronic Repair Carpet & Flooring 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

6,147
Businesses Nearby

Demographics for 60612, IL

34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot zoned RM-5, suitable for multi-family development, with skyline views.
Where is this residential land & home lot located?
The property is located at 2545 W Monroe Street Chicago, IL.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: Residential lot zoned RM‑5 for multi‑family development; Skyline views; Located less than 5 blocks from the $7 billion 1901 Project
More about this property
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