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1700 W 48th Street

Chicago, IL 60609
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Acres

Acres (Lot)

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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 conf irm 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.

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Detail Ic Property Details

Property Type : Land

Price : $299,000

AD Id : 75981768

MLS Id : MRD12585334

Lot Size : Less Than .25 Acre sq ft lot

County : Cook

  • Map Map

Map

Feature Features

  • Lot Information

    Lot Dimensions: 45' x 125' Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Land Sub Type: Land

  • Listing Price Information

    Original List Price:$299000

  • Tax Information

    Annual Tax: $2940.49 Tax Year: 2024 Parcel Number: 20072050400000

  • Utility Information

    Unknown (verify)
  • Location Information

    City: Chicago Direction: South on Ashland Ave towards 48th st , turn west on 48th . drive to proeprty address 1700 W 47th
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ByOwner last updated this listing 06/10/2026 @ 18:20

MLS: MRED #12585334 LISTED BY: Ivan Hernandez, Realty of America, LLC 708-788-1900 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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