Property Description

Great investment opportunity in Chicago! This land for sale at 5950-54 S Ashland Ave is located in an area with excellent development potential. Zoned C2-2, the property supports a wide range of commercial, retail, and residential uses - ideal for mixed-use development, service-oriented businesses, or income-generating housing. Spanning approximately 123x121 ft, the site offers substantial frontage and space for creative planning and design. Strategically positioned near the I-90 highway, it allows for quick travel to downtown Chicago in under 10 minutes. Nearby amenities include Garfield Park Conservatory, the Kohl Children's Museum, and multiple public transportation options, enhancing its appeal for both developers and future tenants. This is truly an outstanding opportunity - drive by anytime and contact the listing agents for more details.

Features & Information

Key Details

List Price $200,000
Property Taxes $10,015.20
Lot Dimensions 123X121
Status New

Schools

Elementary School District 299
Junior High District 299
High School District: 299

Location

General Information None
County Cook
Township South Chicago
Corporate Limits Chicago
Directions to Property From I-94, Take The Exit Toward 59th St And Head West. Then, Turn Right On Ashland Ave And Continue Until 5950-42 S Ashland Ave, Located On The Right Side.

Property Taxes
Tax $10,015.20
Tax Year 2023
Parcel Identification Number 20184070230000

Listed by: Charles Rutenberg Realty of IL | Phone: 630.929.1100
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/15/2025 9:02 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore West Englewood

West Englewood is a neighborhood on the move and in a state of transition. Transportation has always played a key role in the history of this southwest side Chicago neighborhood, and today is no different. The community's proximity to Midway International Airport and the Dan Ryan Expressway help to maintain its vitality and accessibility. Single-family houses and public parks are plentiful in West Englewood, and the business district along Western Avenue is expanding, enticing even more homebuyers to consider the available real estate in this affordable part of Chicago. Commuter friendly and full of housing options for budget-conscious buyers, West Englewood suits the needs of growing families who desire a home to call their own.

Mortgage Calculator

List Price${ formatCurrency(listPrice) }
Taxes${ formatCurrency(propertyTaxes) }
Assessments${ formatCurrency(assessments) }

List Price
Taxes
Assessments

Estimated Monthly Payment

${ formatCurrency(monthlyTotal) } / month

Principal & Interest${ formatCurrency(monthlyPrincipal) }
Taxes${ formatCurrency(monthlyTaxes) }
Assessments${ formatCurrency(monthlyAssessments) }

All calculations are estimates for informational purposes only. Actual amounts may vary.