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Land · Chicago, IL
$520,000
beds · baths
2048 W Grand Avenue, Chicago, IL, 60612
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

West Town development opportunity! One of two side by side lots available for purchase separately or together. 2050 W Grand is a frame two unit- currently rented month to month and 2048 is a former urban garden now vacant and ready for highest and best use! Both lots are zoned B2B allowing for development of 2-4 unit residential, commercial, mixed use, multi family or single family properties. Lots are 24 x 92 and are centrally located at Grand and Hoyne with a bus stop right out front and close proximity to the heart of Ukrainian Village, United Center development and the West Loop. This is your chance to acquire land in the booming Grand Ave corridor. Adjacent mixed use property at 2054 W Grand also available for $3.25M giving you 5 total parcels.
— the listing agent’s description

The home

0.05-acre lot
Land

What it’ll cost

$2,225 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$3,102/mo
Principal & interest$2,765
Property taxes$185
Homeowners insurance$152
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Aug 4, 2026
$520,000
Property taxes
2025
Annual tax bill (MLS)
$2,225/yr
Assessed value
2026
County assessor
$11,040
2025
$11,040
2024
$11,040
2023
$7,507
2022
$7,507
2021
$7,507
2020
$7,507
2019
$35,299~$352,990 mkt
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Kathryn Barry · Compass
Listing last updated Aug 10, 2026 · data refreshed from the MLS Aug 10, 2026, 5:06 AM CT
Based on information submitted to the MLS GRID as of Aug 10, 2026, 5:06 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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