Listing Agency: SPARTAN REAL ESTATE & DEV. j***@spartanrealestate.com Show Phone

Listed By: JOHN PARRISH · License #471005766

Source: Corcoran

Added: Apr 16, 2025 Changed: Aug 8 Last Checked: Jul 16 at 6:32AM

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Investment Insights

Based on property information with market context.

The property offering includes two parcels suitable for constructing two 8-unit residential buildings. Existing plans are available for development. There are possible grant and TIF opportunities.

Key Highlights

• Opportunity to build two 8‑unit residential buildings (16 units total).
• Includes two parcels of land.
• Existing building plans are available.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Kitchen & Bath Showroom Building Supply

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

971

Businesses Nearby

Explore this area 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

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Two parcels for residential development with existing plans available.

Where is this residential land & home lot located?

The property is located at 418 S Central Park Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $355,000.

What are key features of this property?

This property features: Opportunity to build two 8‑unit residential buildings (16 units total).; Includes two parcels of land.; Existing building plans are available.