Chicago, IL, 60642
$485,000
Beds
0 Baths
0 SqFt
0 Acres
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$485,000
Chicago, IL, 60642
MLS #MRD12584624 image #0
Developers and Builders – don’t miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago’s most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making this an ideal site for a thoughtfully designed development that can capture top-of-the-market pricing in a location where new construction consistently commands premium values. Surrounded by modern developments and ongoing revitalization, this parcel sits in a corridor where investment momentum continues to grow. Buyers are encouraged to consult with an architect and/or zoning professional to verify development potential, density allowances, and the intended end use.

Property Details

Price:
$485,000
MLS #:
MRD12584624
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chiwesttown
Listed Date:
Apr 1, 2026
Chi – West TownChiwesttownOgden ElementaryWells Community Academy Senior H

Schools

School District:
299
Elementary School:
Ogden Elementary
High School:
Wells Community Academy Senior H

Interior

Laundry Features
None

Exterior

Financial

Tax Year
2024
Taxes
$3,753
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Land in Chicago as of Apr 05, 2026
890
Land Listed
489
Avg DOM
$247,180
Avg List Price

Community

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Property Summary

    Chicago IL is a Land for sale in Chicago, IL, 60642. It is listed for $485,000 and features 0 acres. To schedule a showing of MLS#mrd12584624 at in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Chicago, IL