Zoned RS-3 Residential
For Sale
Contact for pricing
5017 S Ada Street, Chicago, IL 60609
Land, Chicago, IL
Property Size3,125 SF
Price / SF$6.08
Days on Market130
Property Features for 5017 S Ada Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
299
Middle school district
299
High school district
299
Directions
from i94 garfield exit. head west on garfield then norht on racine then west on 51st st north on s ada st to property
Subdivision
CHI - New City
Standard status
Active
APN
20081290090000
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
429
Listing Agency:
A.R.E. Partners Inc.
(312) 300-7237
Listed By:
Antje Gehrken · License #471002284
(312) 339-7655
Added: Apr 16
Changed: Aug 20
Last Checked: Aug 23 at 12:06PM
MLS# 12621177
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This is a blank-slate land parcel totaling approximately 3,125 square feet, offered for sale in as-is, where-is condition with no representations or warranties. The property is located in the New City community of Chicago in the 20th Ward and is zoned RS-3.
The parcel is described as being in close proximity to areas designated for mixed commercial use zoning B3-2 in the 47th/Ashland TIF district, with several ongoing projects referenced by the seller. It is also approximately a 10-minute drive from Kennedy King Community College. Access to CTA bus lines is noted along 51st Street and near Ashland Avenue.
This offering is best suited for buyers who want to evaluate build and development possibilities directly, including verifying size, zoning, TIF availability, and all other intended-use details as part of their due diligence. Offers must reflect buyer due diligence and attorney review. The stated offer deadline is 4/19/24, with closing to occur on or before 4/30/24. The property is being sold at 5017 S Ada Street, Chicago, IL 60609.
The parcel is described as being in close proximity to areas designated for mixed commercial use zoning B3-2 in the 47th/Ashland TIF district, with several ongoing projects referenced by the seller. It is also approximately a 10-minute drive from Kennedy King Community College. Access to CTA bus lines is noted along 51st Street and near Ashland Avenue.
This offering is best suited for buyers who want to evaluate build and development possibilities directly, including verifying size, zoning, TIF availability, and all other intended-use details as part of their due diligence. Offers must reflect buyer due diligence and attorney review. The stated offer deadline is 4/19/24, with closing to occur on or before 4/30/24. The property is being sold at 5017 S Ada Street, Chicago, IL 60609.
Key Highlights
- 3125 sq. ft. blank slate property in the New City community of Chicago (20th Ward)
- Zoned RS‑3
- In close proximity to mixed commercial zoning B3‑2 in the 47th/Ashland TIF district with several ongoing projects
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
953
Businesses Nearby
Explore this area
Business Placement
Demographics for 60609, IL
65,770
Population
26,122
Households
2.5
Avg Household Size
34
Median Age
20%
College-Educated
76%
High-School Grad
7.7 sq mi
ZIP Area
8,542
Density / Sq Mi
$54,142
Median Household Income
$37,694
Median Earnings
$1,070
Median Rent
$251,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Blank-slate land parcel zoned RS-3, offered for sale as-is with strong transit access nearby.
Where is this residential land & home lot located?
The property is located at 5017 S Ada Street Chicago, IL.
What are key features of this property?
This property features: 3125 sq. ft. blank slate property in the New City community of Chicago (20th Ward); Zoned RS‑3; In close proximity to mixed commercial zoning B3‑2 in the 47th/Ashland TIF district with several ongoing projects
