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Mixed-Use Land for Sale in Chicago, Illinois

4930 S Western Ave, Chicago, IL 60609

$250,000
0.21 acres
Active sale
ago
Est $1,914/mo

An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.

Location

Street address
4930 S Western Ave
Zip code
60609
Community
CHI - Gage Park
School district
299
Elevation
599 feet
Coordinates
41.8038, -87.6847

Directions

South along Western Ave. to address

Property details

Lot size
0.21 acres9,148 sq ft
MLS #
MRED 12668102
Posted

Property taxes

2024
$2,739

Parcels

  • 19122160260000

Nearby schools

NameTypeDistrict
Nightingale Elementary SchoolElementary299
Nightingale Elementary SchoolMiddle299
Kelly High SchoolHigh299

Listing history

DateEventPriceChangeSource
June 5, 2026New listing$250,000MRED
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This 0.21-acre property is located at 4930 S Western Ave in Chicago, IL 60609. The property is available for sale for $250,000.

Listed by Chicago Properties Firm, (773) 297-9792

Checked 1 hour agoUpdated Source

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