Redevelopment Opportunity in Garfield
For Sale
Contact for pricing
4111 W Monroe St, Chicago, IL 60624
Three contiguous lots near upcoming Sankofa Village Wellness Center.
Property SizeContact for details
Days on Market729
Property Features for 4111 W Monroe St
General Information
Standard status
Active
Property subtype
Land
Zoning
RT-4
Listing Agency:
Compass Chicago
(773) 837-7008
Listed By:
Mary Nack · License #IL 471005830
Source:
Crexi
Added: Aug 12, 2024
Changed: Aug 8
Last Checked: Aug 8 at 4:06AM
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 Compass Chicago
Investment Insights
Based on property information with market context.
This offering presents an opportunity for investors and builders in the Madison - Pulaski Corridor and Garfield Park area. The property consists of three contiguous lots, each measuring 25x121, being sold as a single package. The combined frontage spans 75 feet. The zoning is RT-4. The location is two blocks from the future Sankofa Village Wellness Center, which has been approved and funded with construction planned for 2025 at 4301 W Monroe, and the MAAFA Fine Arts Center at 4239 W. Washington.
Key Highlights
- Three contiguous lots (75' frontage) being sold as one package, offering significant development potential.
- Located in the Madison - Pulaski Corridor and Garfield Park, an area undergoing redevelopment.
- Zoned RT‑4, allowing for a variety of residential and mixed‑use development options.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
861
Businesses Nearby
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Business Placement
Demographics for 60624, IL
37,547
Population
16,250
Households
2.3
Avg Household Size
34
Median Age
13%
College-Educated
77%
High-School Grad
3.5 sq mi
ZIP Area
10,728
Density / Sq Mi
$32,607
Median Household Income
$30,924
Median Earnings
$1,152
Median Rent
$223,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three contiguous lots near upcoming Sankofa Village Wellness Center.
Where is this residential land & home lot located?
The property is located at 4111 W Monroe St Chicago, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three contiguous lots (75' frontage) being sold as one package, offering **significant development potential**.; Located in the Madison - Pulaski Corridor and Garfield Park, an area undergoing redevelopment.; Zoned RT‑4, allowing for a variety of residential and mixed‑use development options.
