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2839 W Arthington Street Chicago, IL 60612 Land - Residential New

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  • 2839 W Arthington Street, Chicago, IL 60612 Main Photo

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Description

Exceptional opportunity to acquire a 3,000 sq. ft. buildable residential lot in the rapidly developing East Garfield Park neighborhood. Zoned RT-4, this property offers outstanding potential for a single-family home, 2-flat, 3-flat, or small multi-unit development (buyer to verify zoning and building possibilities). Situated on a quiet, tree-lined residential block, this lot is ideally located just minutes from the CTA Green Line, I-290 Expressway, Garfield Park Conservatory, the Illinois Medical District, and the rapidly expanding United Center corridor. Enjoy convenient access to Downtown Chicago, the West Loop, and major employment centers. Surrounded by ongoing redevelopment, new construction, and neighborhood investment, this property presents an excellent opportunity for builders, developers, and investors seeking to capitalize on one of Chicago's most promising growth areas. Recent nearby comparable sales range from the mid-$400,000s to over $700,000, further highlighting the strong demand and development potential in the surrounding community. Whether you're looking to build and sell, build and hold, or add to your investment portfolio, this RT-4 lot offers location, flexibility, and long-term upside. Drive by today and envision the possibilities.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.07 Acres
Utilities: Electricity Nearby, Natural Gas Nearby

General Information

County: Cook
Listed By:
Realty of America, LLC 708-788-1900
MRED MLS
$47,500
Est. $394/mo
New to the Market New
LOT SIZE 24X125 MLS#12686409
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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2839 W Arthington Street, Chicago, IL 60612.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $47,500$47,500$47,500
Down Payment $9,500$1,663$11,875
Monthly Mortgage Amount $228$283$293
Taxes $66$66$66
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$21$0
Monthly Estimated Total $394$470$459

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