Residential Lots in Emerging
For Sale
Contact for pricing
5131 S Union Ave, Chicago, IL 60609
Residential lots available in Chicago's Back of the Yards neighborhood.
Property SizeContact for details
Days on Market156
Property Features for 5131 S Union Ave
General Information
Standard status
Active
Property subtype
Land
Zoning
RS3
Listing Agency:
Chicago-Coldwell Banker Commercial NRT
Listed By:
Michael LaFargue · License #475.185799
Source:
Crexi
Added: Mar 6
Changed: Aug 8
Last Checked: Jul 16 at 4:09AM
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 Chicago-Coldwell Banker Commercial NRT
Investment Insights
Based on property information with market context.
Invest in one or up to ten lots in the emerging Back of the Yards neighborhood, a well-known part of the New City Community. Historically, this area was connected to the Union Stock Yard, formerly the largest livestock and meatpacking center in the United States until the mid-20th century. The immediate area benefits from several incentives, including being designated as an Environmental Justice Community, Low-Income Community, Illinois underserved area, Justice 40 area, HUBZone, Restore Reinvest Renew R3 area, Economically Disconnected & Disinvested Area, Equity Investment Eligible Community, Chicago TOD, Affordable Requirements Ordinance (ARO) area, TaxSmart target area, and a Disproportionately Impacted Area. New construction is encouraged. The zoning allows for building four single-family homes or four two-unit homes, with coach houses also permitted according to City Zoning Ordinance 17-2-0200.
Key Highlights
- Opportunity to build up to 10 lots in an emerging area
- Potential to build four single‑family homes or four 2‑unit homes per lot
- Coach house allowed, increasing development options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
351
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 lots available in Chicago's Back of the Yards neighborhood.
Where is this residential land & home lot located?
The property is located at 5131 S Union Ave Chicago, IL.
What is the asking price?
The asking price for this property is $34,375.
What are key features of this property?
This property features: Opportunity to build up to 10 lots in an emerging area; Potential to build four single‑family homes or **four 2‑unit homes per lot**; Coach house allowed, increasing development options
