Development Land
For Sale
$175,000
3423 S Calumet Avenue, Chicago, IL 60616
Vacant lot offering access from two streets, with potential for multiple units and possible commercial use pending due diligence.
Property SizeContact for details
Days on Market153
Property Features for 3423 S Calumet Avenue
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$1,323
Listing Agency:
COMPASS
(312) 319-1168
Listed By:
JOANNA OLSZYNSKA · License #475142138
Source:
Corcoran
Added: Mar 10
Changed: Aug 8
Last Checked: Jul 17 at 4:56PM
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 COMPASS
Investment Insights
Based on property information with market context.
This for-sale vacant land lot measures 25 by 125 feet and is positioned for development planning. The property’s configuration offers the opportunity to explore residential layouts, with the possibility of 3 units plus commercial use, or potentially 4 units if a special use is approved. Prospective buyers are encouraged to complete their own due diligence regarding feasibility.
Access is available from Calumet and King Dr, supporting practical site ingress and circulation for future improvements.
Because the ability to develop additional units and any commercial or special-use components are subject to approvals and permitting requirements, details should be confirmed through the appropriate channels during the due diligence process.
Access is available from Calumet and King Dr, supporting practical site ingress and circulation for future improvements.
Because the ability to develop additional units and any commercial or special-use components are subject to approvals and permitting requirements, details should be confirmed through the appropriate channels during the due diligence process.
Key Highlights
- Vacant 25x125 lot
- Access from Calumet and King Dr
- Possibility of 3 units plus commercial use (pending due diligence)
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,893
Businesses Nearby
Explore this area
Business Placement
Demographics for 60616, IL
54,013
Population
26,912
Households
2
Avg Household Size
38
Median Age
53%
College-Educated
86%
High-School Grad
3.8 sq mi
ZIP Area
14,214
Density / Sq Mi
$77,841
Median Household Income
$53,415
Median Earnings
$1,329
Median Rent
$387,300
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant lot offering access from two streets, with potential for multiple units and possible commercial use pending due diligence.
Where is this residential land & home lot located?
The property is located at 3423 S Calumet Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Vacant 25x125 lot; Access from Calumet and King Dr; Possibility of 3 units plus commercial use (pending due diligence)
