Residential Land in Emerging
For Sale
$115,000
Pending
5147 South Union Avenue, Chicago, IL 60609
Residential land in Chicago's Back of the Yards neighborhood.
Property SizeContact for details
Days on Market166
Property Features for 5147 South Union Avenue
General Information
Standard status
Pending
Property subtype
Land
Zoning
SINGL
Taxes and HOA fees
Annual Taxes
$1,716
Listing Agency:
Coldwell Banker Realty
Listed By:
Michael LaFargue · License #471011521
(773) 251-0760
Source:
Compass
Added: Mar 27
Changed: Sep 8
Last Checked: Sep 8 at 4:47AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This residential land offering comprises one to ten lots situated in the Back of the Yards neighborhood, a well-known section of the New City Community. Historically, this area was connected to the Union Stock Yard, which was the largest livestock and meatpacking center in the United States until the mid-20th century. The location benefits from several development incentives, including designations 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 Disproportionately Impacted Area.
Key Highlights
- Located in a pre‑emerging area of the Back of the Yards neighborhood.
- Significant development incentives available due to multiple designations.
- Part of the New City Community, historically connected to the Union Stock Yard.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
376
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 in Chicago's Back of the Yards neighborhood.
Where is this residential land & home lot located?
The property is located at 5147 South Union Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Located in a pre‑emerging area of the Back of the Yards neighborhood.; Significant development incentives available due to multiple designations.; Part of the New City Community, historically connected to the Union Stock Yard.
