RS-3 Zoned Residential
For Sale
Contact for pricing
5028 South Throop Street, Chicago, IL 60609
Residential land parcel zoned RS-3, offered as-is and where-is, with nearby transit access via CTA bus routes.
Property SizeContact for details
Days on Market116
Property Features for 5028 South Throop Street
General Information
Standard status
Active
Property subtype
Land
Zoning
RS-3
Taxes and HOA fees
Annual Taxes
$429
Listing Agency:
A.R.E. Partners Inc.
(773) 267-6887
Listed By:
Antje Gehrken · License #471002284
(773) 267-6887
Source:
Compass
Added: Apr 16
Changed: Aug 8
Last Checked: Jul 20 at 8:24PM
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 A.R.E. Partners Inc.
Investment Insights
Based on property information with market context.
This is a residential land parcel in the New City community of Chicago’s 20th Ward, zoned RS-3. The property is offered for sale in AS IS / WHERE IS condition with no representations or warranties, and the buyer is responsible for completing all due diligence, including confirming size, zoning, use, TIF availability, and any other relevant details.
The remarks indicate the parcel is close to evolving mixed commercial use activity in the 47th/Ashland TIF district area, with multiple ongoing projects. Access is described as being near CTA bus lines on 51st and close to Ashland Ave, and an estimated 10-minute drive to Kennedy King Community College is noted. Offers are scheduled to reflect due diligence and attorney review through 4/19/24, with closing on or before 4/30/24.
The remarks indicate the parcel is close to evolving mixed commercial use activity in the 47th/Ashland TIF district area, with multiple ongoing projects. Access is described as being near CTA bus lines on 51st and close to Ashland Ave, and an estimated 10-minute drive to Kennedy King Community College is noted. Offers are scheduled to reflect due diligence and attorney review through 4/19/24, with closing on or before 4/30/24.
Key Highlights
- Residential land parcel in Chicago’s New City community, located in the 20th ward
- Zoned RS‑3
- Near the 47th/Ashland TIF district with nearby mixed commercial development and multiple ongoing projects
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
986
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 - Residential land parcel zoned RS-3, offered as-is and where-is, with nearby transit access via CTA bus routes.
Where is this residential land & home lot located?
The property is located at 5028 South Throop Street Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Residential land parcel in Chicago’s New City community, located in the 20th ward; Zoned RS‑3; Near the 47th/Ashland TIF district with nearby mixed commercial development and multiple ongoing projects
