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Back of the Yards Land Opportunity
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5148 S Union Ave, Chicago, IL 60609

Land available in emerging Back of the Yards neighborhood.

Property SizeContact for details
Days on Market156

Property Features for 5148 S Union Ave

General Information

Standard status Active
Property subtype Land
Zoning RS-3
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 15 at 7:34PM

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 property presents an investment opportunity in the emerging Back of the Yards neighborhood, a well-known part of the New City Community historically connected to the Union Stock Yard. The 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, Economically Disconnected & Disinvested Area, Equity Investment Eligible Community, Chicago TOD, Affordable Requirements Ordinance (ARO), TaxSmart target area, and a Disproportionately Impacted Area. The zoning allows for new construction, with the potential to build four single-family homes or four two-unit homes. Coach houses are also permitted according to City Zoning Ordinance 17-2-0200.

Key Highlights

  • Opportunity to build up to 10 lots in the emerging Back of the Yards neighborhood.
  • Potential to build four single‑family homes or four 2‑unit homes per lot.
  • Coach house allowed, providing additional building options.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Bakery Skin Care Clinic Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land available in emerging Back of the Yards neighborhood.
Where is this residential land & home lot located?
The property is located at 5148 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 the emerging Back of the Yards neighborhood.; Potential to build four single‑family homes or four 2‑unit homes per lot.; Coach house allowed, providing additional building options.
More about this property
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