Vacant Land in New
For Sale
Under Contract
Contact for pricing
815 W 50th Place, Chicago, IL 60609
Land, Chicago, IL
Property SizeContact for details
Days on Market949
Property Features for 815 W 50th Place
General Information
Property type
Land
Property subtype
Other
Elementary school district
299
Middle school district
299
High school district
299
Directions
Head west from I94 (closest exit is 47th st), south on Halsted St. to 50th Pl. to subject.
Subdivision
CHI - New City
Standard status
Active Under Contract
APN
20082210170000
Taxes and HOA fees
Tax Year
2021
Tax Annual Amount
396
Listing Agency:
A.R.E. Partners Inc.
(312) 300-7237
Listed By:
Antje Gehrken · License #471002284
(312) 339-7655
Added: Jan 19, 2024
Changed: Aug 20
Last Checked: Aug 25 at 8:06AM
MLS# 11958694
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 offers a development opportunity in Chicago's New City community, located in the 20th ward. The property is zoned RS-3 and situated within the 47th/Ashland TIF district, an area with multiple ongoing projects. The lot size is 3027 square feet and is located adjacent to blossoming commercial use zoning. The location is approximately a 10-minute drive from Kennedy King Community College, with access to CTA bus lines on 51st Street and nearby Ashland Avenue. The property is being sold in AS IS/WHERE IS condition with no representations or warranties. Buyers are responsible for performing all due diligence, including verifying size, zoning, permitted uses, TIF availability, and other relevant details.
Key Highlights
- Large 3027 sq.ft. property offering a blank slate for development.
- Located in the New City community, 20th ward of Chicago.
- Zoned RS‑3 in the 47th/Ashland TIF district with multiple ongoing projects.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Blank slate in Chicago's New City community, great opportunity.
Where is this residential land & home lot located?
The property is located at 815 W 50th Place Chicago, IL.
What are key features of this property?
This property features: Large 3027 sq.ft. property offering a blank slate for development.; Located in the New City community, 20th ward of Chicago.; Zoned RS‑3 in the 47th/Ashland TIF district with multiple ongoing projects.
