Development Opportunity: Double
For Sale
Contact for pricing
Pending
6231-35 South Morgan Street, Chicago, IL 60621
Double lot in rapidly developing area, ideal for investment.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market213
Property Features for 6231-35 South Morgan Street
General Information
Standard status
Pending
Lot size
0.14 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$660
Listing Agency:
Avenue 1 Realty Group
(312) 719-9090
Listed By:
Ronald Ohr · License #471020729
(312) 719-9090
Source:
Compass
Added: Jan 9
Changed: Aug 8
Last Checked: Aug 8 at 5:47AM
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 Avenue 1 Realty Group
Investment Insights
Based on property information with market context.
This property features a double lot with dimensions of 50x125. Zoned RS-3, the property allows for the construction of a single-family home or a two-flat building. Situated in a Chicago neighborhood experiencing increasing development and revitalization, the location presents a strategic investment opportunity in a rapidly developing area. The area features a mix of modern and newly renovated homes, indicating continued growth. This property is sold subject to Bankruptcy Court Approval, and prospective buyers are advised to conduct their due diligence.
Key Highlights
- Double lot (50x125) in a rapidly developing area.
- Zoned RS‑3 allowing for single family or 2‑flat property development.
- Strategic investment opportunity with potential for future appreciation.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
848
Businesses Nearby
Explore this area
Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Double lot in rapidly developing area, ideal for investment.
Where is this residential land & home lot located?
The property is located at 6231-35 South Morgan Street Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Double lot (50x125) in a rapidly developing area.; Zoned RS‑3 allowing for single family or 2‑flat property development.; Strategic investment opportunity with potential for future appreciation.
