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1863 S Kostner Ave
Land
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$223,300

1863 S Kostner Ave, Chicago

81% below median
0 bd·0 ba·0 sqft
8,276 sqft lotNorth Lawndale

1863 S Kostner Ave, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $223,300 in the North Lawndale neighborhood.

About this home

Prime opportunity to acquire 8,932 sq ft of M1-1 zoned land in a strategic Chicago location. This Manufacturing district supports a wide range of permitted uses, light manufacturing, warehousing, distribution, contractor shops, and business services, offering built-in flexibility from day one. The site features a curb cut for seamless access, making it well-suited for logistics, fleet operations, or redevelopment. Steps from the CTA Pink Line at Kostner, with additional access at Cicero, the property delivers a direct connection to Downtown Chicago and the Loop, a major advantage for workforce accessibility. Quick access to the I-290 Eisenhower Expressway puts both Downtown and the surrounding suburbs within easy reach. Situated within an established industrial corridor with strong infrastructure, this is a rare chance for investors, developers, or owner-users to capitalize on flexible zoning and prime connectivity.

Property details

Price
$223,300
Bedrooms
0
Bathrooms
0
Lot size
8,276 sqft
Type
Land
Days on market
31
Est. property tax
$4,645/yr · $387/mo · 2.08% IL avg
Last sold
$115,000 · Apr 2025

Estimated monthly payment

Down payment20% ($44,660)
Interest rate6.75%
Principal & Interest$1,159
Property Tax$205
Insurance$150
Total$1,513/mo

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Price history

$240K$142K$44K$88K on Jan 90 (Sold)$90K on Nov 16 (Initial list)$90K on Apr 17 (Price change)$75K on Oct 18 (Initial list)$65K on Oct 18 (Price change)$60K on Jan 19 (Sold)$115K on Apr 25 (Sold)$223K on Mar 26 (Initial list)
$88K · Jan 90$223K · Mar 26
  1. Mar 25, 2026$223,300Initial list price
  2. Apr 8, 2025$115,000Sold
  3. Jan 8, 2019$60,000Sold
  4. Oct 26, 2018$64,900Price change
  5. Oct 2, 2018$75,000Initial list price
  6. Apr 30, 2017$89,900Price change
  7. Nov 12, 2016$89,900Initial list price
  8. Jan 3, 1990$88,000Sold

Location

This home is located in Chicago, IL. Browse more Chicago listings on the Chicago market page or explore the full Chicago market report.

About Chicago: Chicago is the most populous city in the U.S. state of Illinois and in the Midwestern United States. Located on the western shore of Lake Michigan, it is the third-most populous city in the United States, with a population of 2.74 million at the 2020 census. The Chicago metropolitan area has 9.41 million residents and is the third-largest metropolitan area in the country. Chicago is the seat of Cook County, the second-most populous county in the U.S. (source: Wikipedia)

Climate: Average year-round temperature is 51°F with 211 dry days per year and 39.9 inches of annual rainfall.

Home Intelligence

Neighborhood (zip 60623)

This neighborhood is primarily renter-occupied (38% owner-occupied). Median age is 34.4; 9% hold a bachelor's degree; median household income is $37,814.

Median income
$37,814
Median age
34.4
Owner-occupied
37.8%
Bachelor's degree
9.0%
Census median home value
$203,400

Source: US Census Bureau American Community Survey 5-year estimates.

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