$249,900
$50K PRICE DROP

Estimated payment $2,054/month

Total Views 26,659
0 Acre
-- Price per Acre
0 Sq Ft Lot

About This Lot

****JUST REDUCED $50,000!!!**** Attention developers, investors, architects, builders...oversized 27x125 vacant lot in thriving "Irving Park" neighborhood just one block from bustling Addison & Elston! 19,500 ADT(Average Daily Traffic). Street & alley access to property maximizes use, parking and options. Lots of possibilities for residential, commercial or both, and surrounded by same, including newer condos. Most lucrative may be residential/Multi-Unit as the governing bodies of this 33rd Ward property prefer residential residences per the seller's recent discussions with the Alderperson's office. And, a NEW LAW is in the books effective 4/1/26 for ADU's(Additional Dwelling Unit) in this zoning district of C1-1. Location can't be beat, walk to everything! Only half mile to Addison Blue Line station & Kennedy X-way. 2 blocks to Jewel-Osco grocery store. 1 block to bus stop. 1 mile to Irving Park Metra station. 3 miles to Wrigleyville. Contact listing agent for details & see additional information for zoning and new ADU information for C1-1. ***Property taxes will be reduced significantly for upcoming next tax bill for 2025 paid in 2026. The most recent tax bill for 2024 was assessed as improved but now the property is assessed as vacant land starting in 2025 payable in 2026. The assessed valuation for 2025 is 64% LOWER than the 2024 assessment amount.

Listing Agent

John Forsythe

Coldwell Banker Realty License #475147923 Listed on: 12/30/2025

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,668

Home Design

  • Mixed Use

Lot Details

  • Lot Dimensions are 27x125
  • Property fronts an alley
  • Property is zoned COMMR

Utilities

  • Electricity To Lot Line

Community Details

  • Irving Park Manor Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Property Type

Land

Est. Annual Taxes

$8,668

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Commercial
  • Road Surface Type: Asphalt
  • Subdivision Name: Irving Park Manor
  • General Information: Commuter Bus,Interstate Access
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial, Condominium, Liquor License, Development, Multi-Family, Single Family, Special Use
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, Public Road, Alley Access, Paved
  • Waterfront: No
  • Rail Availability: None

Utilities

  • Utilities: Electric to Site, Natural Gas Available, Water Available
  • Water Source: Municipal Water

Lot Info

  • Lot Dimensions: 27X125
  • Zoning: COMMR
  • Lot Size: Oversized Chicago Lot
  • Special Assessments: N
  • Land Amenities: Curbs and Gutters,Sidewalks
  • Land Description: Cleared

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 8667.96
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,411 $14,681 $14,681 --
2024 $7,411 $43,000 $14,681 $28,319
2023 $7,224 $35,001 $11,813 $23,188
2022 $7,224 $35,001 $11,813 $23,188
2021 $7,061 $34,999 $11,812 $23,187
2020 $5,561 $24,875 $5,400 $19,475
2019 $5,764 $28,593 $5,400 $23,193
2018 $5,666 $28,593 $5,400 $23,193
2017 $6,464 $29,930 $4,725 $25,205
2016 $6,015 $29,930 $4,725 $25,205
2015 $5,504 $29,930 $4,725 $25,205
2014 $4,467 $23,988 $4,050 $19,938
2013 $4,379 $23,988 $4,050 $19,938
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2026 03/13/26 Price Changed $249,900 -16.7% --
12/30/2025 12/30/25 For Sale $299,900 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12535885

Midwest Real Estate Data (MRED)

APN: 13-23-223-026-0000

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