Oversized Development Lot Zoned
For Sale
$45,000
332 North Lorel Avenue, Chicago, IL 60644
Oversized residential lot zoned RS-3 with convenient access to public transportation and nearby I-290.
Property SizeContact for details
Lot Size0.11 Acres
Days on Market235
Property Features for 332 North Lorel Avenue
General Information
Standard status
Active
Lot size
0.11 Acres
Property subtype
Land
Zoning
RS-3
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$973
Listing Agency:
Midland Realty Group
(708) 695-4008
Listed By:
Rene · License #475112555
(708) 695-4008
Source:
Compass
Added: Dec 17, 2025
Changed: Aug 8
Last Checked: Mar 25 at 6:11PM
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 Midland Realty Group
Investment Insights
Based on property information with market context.
This for-sale residential development lot is sized 35 feet by 135 feet and is zoned RS-3, providing a straightforward platform for custom residential construction. The offering is presented with no back taxes and no liens, and a survey will be provided.
The property is located at 332 North Lorel Avenue in Chicago’s South Austin neighborhood. Public transportation convenience is noted, including proximity to the Green Line and easy access to I-290, listed as about 2 minutes away.
The lot is described as being positioned right in front of a fire hydrant, which the remarks indicate supports water access for new construction.
The property is located at 332 North Lorel Avenue in Chicago’s South Austin neighborhood. Public transportation convenience is noted, including proximity to the Green Line and easy access to I-290, listed as about 2 minutes away.
The lot is described as being positioned right in front of a fire hydrant, which the remarks indicate supports water access for new construction.
Key Highlights
- Oversized lot measuring 35 ft x 135 ft at 332 N Lorel Ave in Chicago’s South Austin neighborhood
- Zoned RS‑3 for residential construction
- Located near I‑290, about 2 minutes away
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 60644, IL
47,239
Population
20,619
Households
2.3
Avg Household Size
36
Median Age
11%
College-Educated
85%
High-School Grad
3.5 sq mi
ZIP Area
13,497
Density / Sq Mi
$37,952
Median Household Income
$31,304
Median Earnings
$1,096
Median Rent
$238,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Oversized residential lot zoned RS-3 with convenient access to public transportation and nearby I-290.
Where is this residential land & home lot located?
The property is located at 332 North Lorel Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Oversized lot measuring 35 ft x 135 ft at 332 N Lorel Ave in Chicago’s South Austin neighborhood; Zoned RS‑3 for residential construction; Located near I‑290, about 2 minutes away
