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Vacant Lot with Billboard Income
For Sale
$60,000
Pending

7300 S Racine Avenue, Chicago, IL 60636

Vacant lot zoned B-1-1; billboards on-site generate rental income.

Property SizeContact for details
Lot Size0.41 Acres
Days on Market900

Property Features for 7300 S Racine Avenue

General Information

Standard status Pending
Lot size 0.41 Acres
Property subtype Lots/Land
Zoning B-1-1

Site & Location

Neighborhood Englewood

Taxes and HOA fees

Annual Taxes $682
Listing Agency: RE/MAX 1st Service
Listed By: Gloria Ulloa · License #475133363
Source: Exitrealty
Added: May 8, 2024 Changed: Oct 15 Last Checked: Oct 14 at 8:05PM

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 RE/MAX 1st Service

Rey
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Investment Insights

Based on property information with market context.

This is a vacant commercial land parcel totaling 18,000 square feet, zoned B-1-1. The seller represents that the billboards on-site pay rent. The lot is listed with 6 separated pin numbers and is being sold as-is.

The property is located at 7300 S Racine Avenue in Chicago, IL 60636. The seller indicates that the offer terms are cash only.

Interested parties should review the pin configuration and zoning details as part of their due diligence.

Key Highlights

  • Vacant lot totaling 18,000 sq ft
  • Zoned B‑1‑1
  • On‑site billboards generate rental income

Property Analytics

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Open Analytics

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply 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

676
Businesses Nearby

Demographics for 60636, IL

34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Commercial land - Vacant lot zoned B-1-1; billboards on-site generate rental income.
Where is this commercial land located?
The property is located at 7300 S Racine Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: Vacant lot totaling 18,000 sq ft; Zoned B‑1‑1; On‑site billboards generate rental income
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