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3031 W 5th Avenue Chicago, IL 60612

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For Sale
$59,000

24' x 125' C1-2 zoned land for sale.

Type:Land or Vacant Lot
Lot size:
0.07 Acres
Added:
Sep 18, 2025
Days on Market:
215
Last Refresh:
Apr 5 at 10:55 pm

Property Features for 3031 W 5th Avenue

General Information

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

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Listing Contact
CHRISTIAN SEARLES

Listing agent CHRISTIAN SEARLES

Listing office ALEC REALTY GROUP, LLC

Listing date Sep 18, 2025

Source Corcoran

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 ALEC REALTY GROUP, LLC


Overview

Chicago Vacant Land Opportunity

This is a vacant land opportunity in Chicago. The parcel measures 24' x 125' and is zoned C1-2, which allows for retail storefronts and a wider range of business types than B1 districts, including liquor stores, warehouses, and auto shops. Residential apartments are permitted above the ground floor, making this a versatile site for mixed-use development. The lot is clean, well maintained, and title-ready, with preliminary warehouse drawings available. The property stands to gain from neighborhood growth, with the 1901 Development just 1.5 miles away. It presents an opportunity for investors, developers, or business owners looking to build in a commercial corridor.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.7023
Latitude
41.8791

FAQs

What type of property is this?
Commercial land - 24' x 125' C1-2 zoned land for sale.
Where is this commercial land located?
The property is located at 3031 W 5th Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: Zoned C1‑2: Allows for diverse business types.; Mixed‑Use Potential: Permits residential apartments above ground floor retail.; Development Opportunity: Vacant 24' x 125' parcel ready for construction.
More about this property
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