Chicago Land Opportunity in New
For Sale
Under Contract
Contact for pricing
945 W 53rd Street, Chicago, IL 60609
Land, Chicago, IL
Property SizeContact for details
Days on Market949
Property Features for 945 W 53rd Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
299
Middle school district
299
High school district
299
Directions
from i94 garfield exit head west on garfield then north on halsted then west on 53rd st to subject
Subdivision
CHI - New City
Standard status
Active Under Contract
APN
20084190090000
Taxes and HOA fees
Tax Year
2021
Tax Annual Amount
502
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# 11961197
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 3840 sq. ft. property presents an opportunity in Chicago's New City neighborhood, located in the 20th ward. Zoned RS-3, the property is situated in the 47th/Ashland TIF district neighborhood, which features multiple ongoing projects. It is approximately a 10-minute drive from Kennedy King Community College and offers access to CTA bus lines on 51st Street and nearby Ashland Avenue. The property is sold in AS IS/WHERE IS condition, without representations or warranties. Buyers are responsible for performing all due diligence, including verifying size, zoning, use, TIF availability, and all other details. Offers must reflect due diligence and attorney review to occur through 4/19/24, with closing on or before 4/30/24.
Key Highlights
- Large 3840 sq. ft. property offers ample space for development.
- Located in Chicago's New City, 20th ward.
- Zoned RS‑3, allowing for residential development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
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?
Land - Land in Chicago's New City, zoned RS-3, great potential.
Where is this land located?
The property is located at 945 W 53rd Street Chicago, IL.
What are key features of this property?
This property features: Large 3840 sq. ft. property offers ample space for development.; Located in Chicago's New City, 20th ward.; Zoned RS‑3, allowing for residential development.
