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    Vacant Land in New City

    815 W 50th Place Chicago, IL 60609

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    Picture of Commercial land at 815 W 50th Place, Chicago, IL
    For Sale
    Under Contract
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    LAND - Chicago, IL

    Added:
    Jan 19, 2024
    Days on Market:
    905
    Last Refresh:
    Jul 12 at 3:06 am

    Property Features for 815 W 50th Place

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    20082210170000

    Taxes and HOA fees

    Tax Year
    2021
    Tax Annual Amount
    396

    Listing agent Antje Gehrken License #471002284

    Listing office A.R.E. Partners Inc. 111 W JACKSON BLVD Suite 170, Chicago, IL

    Listing date Jan 19, 2024

    MLS# 11958694 Listing URL

    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 Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Skin Care Clinic Building Supply Cafe & Coffee Shop Accounting Firm Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Commercial land - Blank slate in Chicago's New City community, great opportunity.
    Where is this commercial land located?
    The property is located at 815 W 50th Place 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: 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.
    Contact an agent
    (312) 339-7655
    We can help!
    Contact an agent
    Antje Gehrken
    Antje Gehrken
    Real Estate License ID: 471002284
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