Redevelopment Opportunity in Garfield
4111 W Monroe St, Chicago, IL 60624
For Sale
Contact for pricing
Three contiguous lots near upcoming Sankofa Village Wellness Center.
Property SizeContact for details
Days on Market825
Property Features for 4111 W Monroe St
General Information
Standard status
Property subtype
Zoning
Site & Location
Neighborhood
Listing Agency:
Compass Chicago
Listed By:
Mary Nack · License IL #471005830
(773) 482-1917
Source:
Crexi
Added: Aug 12, 2024
Changed: Oct 25
Last Checked: Mar 25 at 11:03AM
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 Chicago
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Investment Insights
Based on property information with market context.
This offering presents an opportunity for investors and builders in the Madison - Pulaski Corridor and Garfield Park area. The property consists of three contiguous lots, each measuring 25x121, being sold as a single package. The combined frontage spans 75 feet. The zoning is RT-4. The location is two blocks from the future Sankofa Village Wellness Center, which has been approved and funded with construction planned for 2025 at 4301 W Monroe, and the MAAFA Fine Arts Center at 4239 W. Washington.
Key Highlights
- Three contiguous lots (75' frontage) being sold as one package, offering significant development potential.
- Located in the Madison - Pulaski Corridor and Garfield Park, an area undergoing redevelopment.
- Zoned RT‑4, allowing for a variety of residential and mixed‑use development options.
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Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
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Business Placement
Demographics for 60624, IL
37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three contiguous lots near upcoming Sankofa Village Wellness Center.
Where is this residential land & home lot located?
The property is located at 4111 W Monroe St Chicago, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three contiguous lots (75' frontage) being sold as one package, offering **significant development potential**.; Located in the Madison - Pulaski Corridor and Garfield Park, an area undergoing redevelopment.; Zoned RT‑4, allowing for a variety of residential and mixed‑use development options.
