Chicago Land Development
For Sale
$295,000
7000 S Aberdeen Street, Chicago, IL 60621
1.492 acres of land for residential development in Chicago.
Property SizeContact for details
Lot Size1.49 Acres
Days on Market898
Property Features for 7000 S Aberdeen Street
General Information
Standard status
Active
Lot size
1.49 Acres
Property subtype
Lots/Land
Listing Agency:
Century 21 Circle
(773) 580-7900
Listed By:
John Kmiecik · License #471004219
(773) 580-7900
Source:
Exitrealty
Added: Feb 24, 2024
Changed: Aug 8
Last Checked: Jul 16 at 8:08AM
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 Century 21 Circle
Investment Insights
Based on property information with market context.
This unique development opportunity is located in the heart of Chicago's southside. The parcel encompasses approximately 1.492 acres (64,992 sq ft) of level land situated within a residential community. The primary parcel spans across 70th Street from May Street to Aberdeen Street. A current survey indicates the potential for 19 lots, each measuring 25x125, with nine lots on Aberdeen and 10 lots on May. The City of Chicago Zoning Map indicates a current zoning of PD870. This listing also includes a secondary parcel at the northeast corner of West 70th Street and South Aberdeen, measuring 48'x124.68" or 5,984 sq ft, currently used largely as a parking lot, with an RS3 current zoning. Both parcels are included in the sale. The buyer or buyer's agent/attorney will be responsible for any advanced due diligence with regard to utility access, potential use and zoning, and any other municipal rules and regulations. This represents a chance to envision, create, and develop.
Key Highlights
- 1.492 acre development opportunity in Chicago's southside.
- Potential for 19 lots on the primary parcel.
- Includes a secondary parcel at the corner of W 70th St and S Aberdeen.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
990
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 - 1.492 acres of land for residential development in Chicago.
Where is this residential land & home lot located?
The property is located at 7000 S Aberdeen Street Chicago, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 1.492 acre development opportunity in Chicago's southside.; Potential for 19 lots on the primary parcel.; Includes a secondary parcel at the corner of W 70th St and S Aberdeen.
