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3039-3057 W 51st Street Chicago, IL 60632 Land - Residential Active

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Description

Exceptional development opportunity featuring a 3/4+ of an acre vacant lot at 3039-3057 W. 51st Street in Chicago! This vacant lot offers an opportunity for builders, developers, and investors to bring their vision to life. With generous frontage to 51st ST, the property is well-suited for residential investment development zoned as C1-1 (subject to zoning and City approvals). Ideally located on Chicago's Southwest Side, the site offers convenient access to schools, parks, shopping, restaurants, public transportation, and major expressways. The nearby planned Amazon development further enhances the area's long-term growth potential, and bringing approximately 1000+ employees. Whether you're looking to develop the two PINs individually or assemble them into a larger project, this is an outstanding opportunity to invest in one of Chicago's emerging development corridors. Don't miss your chance to secure this exceptional land offering with endless possibilities. Contact us today for additional information and to explore the potential of this unique property.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.77 Acres
Utilities: Electric to Site, Sewer Connected

General Information

County: Cook
Listed By:
Ruiz Realty, Inc. 773-767-9470
MRED MLS
$1,100,000
Est. $8,648/mo
Active
LOT SIZE 267X125 MLS#12697246
STATUSActive PROPERTY TYPELand - Residential SCHOOLDistrict 299

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Ruhl&Ruhl Realtors
563.441.1776

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3039-3057 W 51st Street, Chicago, IL 60632.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,100,000$1,100,000$1,100,000
Down Payment $38,500$275,000$0
Monthly Mortgage Amount $6,650$6,796$6,919
Taxes $1531$1531$1531
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $660$0$0
Monthly Estimated Total $9,162$8,648$8,771

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