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Vacant Land in New City
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Under Contract
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5319 S Carpenter Street, Chicago, IL 60609

Land, Chicago, IL

Property SizeContact for details
Days on Market949

Property Features for 5319 S Carpenter Street

General Information

Property type Land
Property subtype Other
Elementary school district 299
Middle school district 299
High school district 299
Directions from I94 garfield exit. Head west on garfield (55th st) north on morgan st west on 53rd st south on carpenter
Subdivision CHI - New City
Standard status Active Under Contract
APN 20084180080000

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 430
Listing Agency: A.R.E. Partners Inc.
Listed By: Antje Gehrken · License #471002284
Added: Jan 19, 2024 Changed: Aug 20 Last Checked: Aug 25 at 8:06AM
MLS# 11958976

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This vacant land is located in the New City community of Chicago, in the 16th ward. Zoned RS-3, the property offers 3125 square feet of space. It is in close proximity to C1-2 budding mixed commercial use zoning and approximately a 10-minute drive from Kennedy King Community College. The location provides access to CTA bus lines on 51st Street and nearby Ashland Avenue. The property is being sold in AS IS/WHERE IS condition, without representations or warranties. Buyers are responsible for performing all due diligence, including verifying the size, zoning, use, TIF availability, and all other details.

Key Highlights

  • 3125 sq ft property in Chicago's New City community.
  • Zoned RS‑3, offering residential development potential.
  • Close proximity to budding C1‑2 mixed commercial use zoning.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Locksmith Gym & Fitness Center

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

438
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 3125 sq ft vacant land in Chicago's New City.
Where is this residential land & home lot located?
The property is located at 5319 S Carpenter Street Chicago, IL.
What are key features of this property?
This property features: 3125 sq ft property in Chicago's New City community.; Zoned RS‑3, offering residential development potential.; Close proximity to budding C1‑2 mixed commercial use zoning.
More about this property
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