Property Description

Rare opportunity to acquire a vacant land site in one of Chicago's most rapidly transforming residential corridors. Currently zoned M1-2, the property is uniquely positioned within a predominantly RT-4 neighborhood experiencing significant new construction activity, including luxury single-family homes exceeding $1 million and high-quality condominium developments commanding $500,000+ sales prices. The site offers substantial upside through rezoning potential, with ownership open to supporting a zoning change to align with surrounding residential use. This creates a compelling opportunity for developers to capitalize on strong market demand and maximize density in a proven, high-absorption location. Additionally, the property benefits from its adjacency to a long-vacated city alley, presenting the potential to acquire additional land from the City of Chicago. This assemblage could expand the total site to approximately 50' x 108', allowing for enhanced design flexibility and increased development scale.

Features & Information

Key Details

List Price $409,000
Property Taxes $2,676.10
Acreage 0.08
Lot Dimensions 34X108
Status Active

Schools

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

Location

General Information None
County Cook
Township West Chicago
Corporate Limits Chicago
Directions to Property Halsted & Cullerton, West On Cullerton To 929-31 On The South Side Of The Street.

Property Taxes
Tax $2,676.10
Tax Year 2024
Parcel Identification Number 17204340030000

Listed by: Sperry Van Ness | Phone: 312.676.1866
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/14/2026 3:32 PM. 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 Pilsen

A vibrant neighborhood situated on the city’s Lower West Side, Pilsen is one of Chicago’s oldest communities. Weathered stone castles, colorful turrets, and ornamental accents harken back to the area’s Bohemian roots. Building on its working-class roots, Pilsen has become a destination for the arts in Chicago—striking murals and vivid mosaics can be found throughout the neighborhood. Pilsen is home to a variety of galleries and museums, such as the National Museum of Mexican Art, one of the most prominent institutions for Mexican art and culture in the United States. Multi-generational mom and pop shops sit side-by-side some of the city’s finest dining. From off the beaten track locales to hip eateries, Pilsen offers a wide variety ideal for all. Vintage shops, independent cafes, and offbeat markets add to the neighborhood’s charm.

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