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11 Properties Within 0.5 miles of: 1700 W 48th, Chicago
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1700 W 48th
Chicago, IL 60609

Price

$299,000

Est Payment
$1,679 / month (details)  
Taxes
$2,940  
Type
Land  
Sq. Ft.
n/a  
Lot Size
45' x 125'  
Neighborhood
Back of the Yards  
MLS
#12585334
Status
Active (0 days)

Property Description

Prime development opportunity in the heart of Chicago's Back of the Yards neighborhood. This offering includes two adjacent vacant lots being sold together, situated on a corner location and currently fully fenced. The property includes two separate PIN numbers, and the listed lot dimensions represent the combined size of both parcels. Each lot is estimated at approximately 45' x 125', providing a combined footprint of approximately 90' x 125' (11,250 square feet total). The property is located in a B3-1 Community Shopping District, which allows for a wide variety of commercial and mixed-use developments, including retail storefronts, service businesses, offices, and residential units above the ground floor. Buyers should verify zoning and permitted uses with the City of Chicago to confirm their intended development plans. The property is being sold together with 1704 W 48th St included in the sale. 2024 property taxes shown reflect the combined total for both parcels. Located in a rapidly evolving area, the property benefits from ongoing redevelopment and community investment throughout Back of the Yards, including the nearby United Yards mixed-use development featuring retail, housing, and community services, as well as new residential construction projects transforming vacant lots throughout the neighborhood. These improvements are part of broader initiatives aimed at revitalizing the commercial corridors and increasing housing opportunities in the area. This site presents an excellent opportunity for developers, investors, or owner-users seeking a buildable lot in a growing Chicago neighborhood with strong long-term potential.

Property Map

Property Details

Utilities

  • Heating
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  • Water
  • Sewer

Additional Information

Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

03-06-2026 Listed at $299,000
Last Modified 3/6/26 10:19 AM

Nearby Transportation

  • Bus 9 0.1 mi
  • Bus 47 0.1 mi
  • Bus X9 0.2 mi
  • Bus 48 0.4 mi
  • Bus 51 0.4 mi
  • Bus 44 0.6 mi
  • Bus 94 0.9 mi
  • Bus X49 0.9 mi
  • Bus 49 0.9 mi
  • Bus 55 0.9 mi
  • Bus 39 1.1 mi
  • Bus 8 1.1 mi
  • Orange Line 0.9 mi
  • I 90 East 1.8 mi
  • I 94 East 1.8 mi
  • I 90 West 1.9 mi
  • I 94 West 1.9 mi
  • I 55 South 2.1 mi
  • I 55 North 2.1 mi
  • I 290 East 4.5 mi
  • I 290 West 4.8 mi
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