5000 Justine St Chicago, IL 60609
This exceptional 2,783 square foot residential lot, located at 5000 S Justine St in Chicago, IL, presents a remarkable investment opportunity. Zoned RT-4, this vacant land offers significant potential for development within Cook County. The property, identified by APN 20-08-124-049-0000, is owned free and clear, meaning there are no liens or encumbrances. The asking price is an attractive $6,000, and the seller is offering flexibility in closing costs, making this an especially appealing proposition for buyers seeking a low down payment. The property's location in the 60609 zip code provides convenient access to Chicago's amenities and infrastructure. This is a rare chance to acquire a well-situated, affordable residential lot in a desirable Chicago neighborhood. The land is ready for immediate development, making it an ideal investment for builders or those looking to construct a new home. Act quickly to secure this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.