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5141 S Union Ave Chicago, IL 60609

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For Sale
Contact for pricing

Land investment opportunity in Chicago's emerging Back of the Yards.

Type:Land
Added:
Mar 6, 2026
Days on Market:
31
Last Refresh:
Mar 16 at 2:36 pm

Property Features for 5141 S Union Ave

General Information

Standard status
Active
Property subtype
Land

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Listing Contact
Michael LaFargue

Listing agent Michael LaFargue

Listing office Chicago-Coldwell Banker Commercial NRT

Listing date Mar 6, 2026

Source Crexi

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


Overview

Land in Back of the Yards

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.
Location Intelligence

Current Use by Public Records

Land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6425196
Latitude
41.8004263

FAQs

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.
More about this property
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