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East Garfield Park Corner Lot
For Sale
$549,000

300 South Washtenaw Avenue, Chicago, IL 60612

Prime corner lot in a rapidly developing neighborhood.

Property SizeContact for details
Lot Size0.32 Acres
Days on Market225

Property Features for 300 South Washtenaw Avenue

General Information

Standard status Active
Lot size 0.32 Acres
Property subtype Land
Zoning MULTI

Taxes and HOA fees

Annual Taxes $7,320
Listing Agency: Jameson Sotheby's Intl Realty
Listed By: Michael Hulett · License #475111996
Source: Compass
Added: Dec 27, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:21AM

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 Jameson Sotheby's Intl Realty

Investment Insights

Based on property information with market context.

This nearly 14,000 square foot corner lot is situated in a prime location within East Garfield Park. The property is zoned RT-4 and features approximately 140 feet of frontage on Gladys Avenue and 100 feet on Washtenaw Avenue. It also benefits from full alley access in the rear, paralleling Gladys Avenue for approximately 140 feet. This lot is suitable for various development possibilities, including single-family homes, a series of multi-unit properties, or a large multi-family building. East Garfield Park is experiencing significant development, with numerous residential projects currently in the permitting process. The neighborhood benefits from amenities such as the Semaphore Cafe. A proposed $42 million Madison Street Athletic and Cultural Complex is planned for the area. The recently completed Fifth City Commons exemplifies modern carbon-neutral construction. The property is located near the United Center, which is slated for The 1901 Project, a $7 billion multi-phase development featuring sports and entertainment venues, residential living, and open park space, approximately 1.2 miles away. East Garfield Park provides convenient access to I-290 and 80/94, as well as the city's CTA Blue and Green lines, with the site located just 0.5 miles from the Western Station on the Blue Line. This property presents a unique opportunity in a rapidly developing neighborhood.

Key Highlights

  • Large 14,000 SF corner lot with RT‑4 zoning, ideal for various development projects.
  • Prime East Garfield Park location experiencing rapid development.
  • Proximity to the United Center and the $7B 'The 1901 Project' development.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Accounting Firm Computer & Electronic Repair Skin Care Clinic Acupuncture Veterinary Clinic

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

1,290
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
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Prime corner lot in a rapidly developing neighborhood.
Where is this residential land & home lot located?
The property is located at 300 South Washtenaw Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Large 14,000 SF corner lot with RT‑4 zoning, ideal for various development projects.; Prime East Garfield Park location experiencing rapid development.; Proximity to the United Center and the $7B 'The 1901 Project' development.
More about this property
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