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$100,500

5109 W Lexington St, Chicago

91% below median
0 bd·0 ba·0 sqft
Austin

5109 W Lexington St, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $100,500 in the Austin neighborhood.

About this home

Prime redevelopment opportunity! Oversized vacant residential lot measuring approximately 28 x 128.2. Property was previously improved with a multi-unit building that was lost due to fire, offering a blank canvas for new construction. Ideal for investors, builders, or developers-buyer to verify zoning, permitted use, and building requirements. Located on a residential block with convenient access to public transportation, schools, shopping, and major roadways. Sold as-is.Prime redevelopment opportunity! Oversized vacant residential lot measuring approximately 28 x 128.2. Property was previously improved with a multi-unit building that was lost due to fire, offering a blank canvas for new construction. Ideal for investors, builders, or developers-buyer to verify zoning, permitted use, and building requirements. Located on a residential block with convenient access to public transportation, schools, shopping, and major roadways. Sold as-is.

Property details

Price
$100,500
Bedrooms
0
Bathrooms
0
Type
Land
Days on market
13
Est. property tax
$2,090/yr · $174/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($20,100)
Interest rate6.75%
Principal & Interest$521
Property Tax$92
Insurance$150
Total$764/mo

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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 60644)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 35.6; 6% hold a bachelor's degree; median household income is $34,177.

Median income
$34,177
Median age
35.6
Owner-occupied
28.3%
Bachelor's degree
6.1%
Census median home value
$225,100

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

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