Attention builders and developers! Prime RT-4 zoned vacant lot in Chicago's growing South Lawndale / Little Village neighborhood. RT-4 zoning provides excellent potential for multi-unit residential development, making this an attractive opportunity for investors and builders looking to develop in an appreciating area. Conveniently located near neighborhood amenities, schools, and recreation including Homan Square Park, with access to nearby transportation corridors and shopping along the Little Village commercial district. The property may also benefit from City of Chicago development incentives, including Opportunity Zone and Neighborhood Opportunity Fund programs. Excellent opportunity to secure a buildable residential lot in an area experiencing ongoing redevelopment and investment.
— the listing agent’s description
The home
Lot 25x100
Land
What it’ll cost
$731 taxes / yr
No HOA
New today
Estimated monthly payment
$201/mo
Principal & interest$133
Property taxes$61
Homeowners insurance$7
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.