Active · For Sale · Land

3101-3125 W 51st Street, Chicago, IL 60632

MLS #12697231

3101-3125 W 51st Street, Chicago, IL 60632
3101-3125 W 51st Street, Chicago, IL 60632CRER
3101-3125 W 51st Street, Chicago, IL 60632

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3101-3125 W 51st Street, Chicago, IL 60632

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The property

Executive summary

Exceptional development opportunity featuring a 3/4+ of an acre vacant lot at 3101-3125 W. 51st Street in Chicago! This vacant lot offers an opportunity for builders, developers, and investors to bring their vision to life. With generous frontage to 51st ST, the property is well-suited for residential investment development zoned as C1-1 (subject to zoning and City approvals). Ideally located on Chicago's Southwest Side, the site offers convenient access to schools, parks, shopping, restaurants, public transportation, and major expressways. The nearby planned Amazon development further enhances the area's long-term growth potential, and bringing approximately 1000+ employees. Whether you're looking to develop the two PINs individually or assemble them into a larger project, this is an outstanding opportunity to invest in one of Chicago's emerging development corridors. Don't miss your chance to secure this exceptional land offering with endless possibilities. Contact us today for additional information and to explore the potential of this unique property.

Investor Resource

Property Intelligence

Financial Snapshot

Annual Taxes
$26,690 (2024)

Property Details

Lot Dimensions
267X125
Parcel Number
19123010100000

Operations & Utilities

Water Source
Community Water
Utilities
Electric to Site, Sewer Connected
Possession
Closing, Immediate

Location & Use

County
Cook
Market Area
Chicago - Gage Park
Township
Lake
Frontage
City Street

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.