Land in Back of the
For Sale
Contact for pricing
5141 S Union Ave, Chicago, IL 60609
Land investment opportunity in Chicago's emerging Back of the Yards.
Property SizeContact for details
Days on Market171
Property Features for 5141 S Union Ave
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Chicago-Coldwell Banker Commercial NRT
Listed By:
Michael LaFargue · License #475.185799
Source:
Crexi
Added: Mar 6
Changed: Aug 14
Last Checked: Aug 24 at 3:33AM
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.
This offering presents an opportunity to invest in one or up to ten lots within the emerging Back of the Yards neighborhood, a well-known section of the New City Community. Historically, this area is recognized for its ties to the Union Stock Yard, which was once the largest livestock and meatpacking center in the United States until the mid-20th century. The immediate area benefits from several incentives, including its designation 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.
Key Highlights
- Investment opportunity with up to 10 lots available.
- Located in the emerging Back of the Yards neighborhood (New City Community).
- Area designated as an Environmental Justice Community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
475
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
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Frequently Asked Questions
What type of property is this?
Land - Land investment opportunity in Chicago's emerging Back of the Yards.
Where is this land located?
The property is located at 5141 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: Investment opportunity with up to 10 lots available.; Located in the emerging Back of the Yards neighborhood (New City Community).; Area designated as an Environmental Justice Community.
