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8314 S Stony Island Ave Lots 6,7,8
Land
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$199,000

8314 S Stony Island Ave Lots 6,7,8, Chicago

83% below median
0 bd·0 ba·0 sqft
Stony Island Park

8314 S Stony Island Ave Lots 6,7,8, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $199,000 in the Stony Island Park neighborhood.

About this home

Prime location +/- 9,375 square foot vacant lot in a densely populated area in Chicago's Avalon Park business district. 75 square feet frontage on busy Stony Island with 47,000 traffic count, just off the southwest corner of 83rd St and Stony Island Ave. Lot dimensions are approximately (75' x 125'). Zoned B3-2 which allows for a variety of uses, retail, commercial use, mixed use building, This location is surrounded by national & regional retailers, in the heart of the business & shopping district. Just minutes south of the Obama Presidential Library currently under construction. Excellent location in a busy area. Three Pin numbers 28,29 & 30, 8314,8316 & 8317

Property details

Price
$199,000
Bedrooms
0
Bathrooms
0
Type
Land
Days on market
45
Est. property tax
$4,139/yr · $345/mo · 2.08% IL avg
Last sold
$75,000 · Jul 2004

Estimated monthly payment

Down payment20% ($39,800)
Interest rate6.75%
Principal & Interest$1,033
Property Tax$182
Insurance$150
Total$1,365/mo

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Price history

$315K$165K$15K$40K on Aug 80 (Sold)$75K on Jul 04 (Sold)$290K on Apr 14 (Initial list)$240K on Aug 14 (Price change)$240K on Nov 14 (Price change)$200K on Jul 22 (Initial list)$200K on Jun 23 (Price change)$150K on Jun 23 (Initial list)$150K on Jan 24 (Price change)$150K on Jan 24 (Initial list)$199K on Feb 26 (Initial list)$199K on Mar 26 (Initial list)
$40K · Aug 80$199K · Mar 26
  1. Mar 12, 2026$199,000Initial list price
  2. Feb 4, 2026$199,000Initial list price
  3. Jan 2, 2024$149,900Initial list price
  4. Jan 1, 2024$149,900Price change
  5. Jun 14, 2023$149,900Initial list price
  6. Jun 2, 2023$199,900Price change
  7. Jul 13, 2022$199,900Initial list price
  8. Nov 28, 2014$240,000Price change
  9. Aug 29, 2014$240,000Price change
  10. Apr 13, 2014$290,000Initial list price
  11. Jul 6, 2004$75,000Sold
  12. Aug 20, 1980$40,000Sold

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.

Location

Map of 8314 S Stony Island Ave Lots 6,7,8, Chicago
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Home Intelligence

Neighborhood (zip 60617)

Median age is 36.8; 13% hold a bachelor's degree; 57% of homes are owner-occupied; median household income is $51,203.

Median income
$51,203
Median age
36.8
Owner-occupied
57.3%
Bachelor's degree
12.7%
Census median home value
$160,800

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

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