$250,000
 $1,342 est/mo Sourced by Back At You

4930 S Western Avenue,Chicago, IL 60609

Chicago, IL 60609

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Description

An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.

Details

MLS #12668102
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site92
Listing Provided ByChicago Properties Firm | Cristian Leiva

Features

Acreage0.21

Utilities

UtilitiesNone

Taxes

Tax Year2024
Tax Annual Amount2739.21

Area Information

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI Gage Park
School DistrictKelly High School
Elementary SchoolNightingale Elementary School
High SchoolKelly High School
Listing VS Median (in 60609)
Price:
$250,000
low | high
Med:
$246,000
51.6% of Average
On site:
92
low | high
Med:
76
100% of Average
Sourced by Back At You

Market Activity 60609

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60609
AreaCHI Gage Park
School DistrictKelly High School
Elementary SchoolNightingale Elementary School
High SchoolKelly High School
Listing VS Median (in 60609)
Price:
$250,000
low | high
Med:
$246,000
51.6% of Average
On site:
92
low | high
Med:
76
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $187K - $312K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4936 S WESTERN Avenue Property Photo 1
$75,000
4936 S Western Avenue
Chicago, IL 60609
5000 S Western Avenue Property Photo 1
$509,996
5000 S Western Avenue
Chicago, IL 60609
Listing Updated: July 9, 2026 at 12:14:51 PM PDT
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