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3340 W Walnut St
Land
Just listed
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$60,000

3340 W Walnut St, Chicago

95% below median
0 bd·0 ba·0 sqft
3,049 sqft lotEast Garfield Park

3340 W Walnut St, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $60,000 in the East Garfield Park neighborhood.

About this home

Vacant residential lot in East Garfield Park offering a strong opportunity for builders, developers, and investors. A standard Chicago lot measuring approximately 25 x 125 (3,125 SF), ideal for new construction. Zoned RT-4 (buyer to verify), allowing for potential development of a single-family home or multi-unit building. Located on a residential block with ongoing redevelopment and new construction activity in the surrounding area. Convenient access to public transportation, including nearby CTA bus routes and the Chicago 'L' Green Line, as well as quick connectivity to Interstate 290 for easy access to downtown Chicago and surrounding neighborhoods. Close to parks, schools, and local amenities. Ideal for investors looking to build and hold or develop for resale in an improving West Side corridor.

Property details

Price
$60,000
Bedrooms
0
Bathrooms
0
Lot size
3,049 sqft
Type
Land
Days on market
4
Est. property tax
$1,248/yr · $104/mo · 2.08% IL avg
Last sold
$172,000 · Sep 2006

Estimated monthly payment

Down payment20% ($12,000)
Interest rate6.75%
Principal & Interest$311
Property Tax$55
Insurance$150
Total$516/mo

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Price history

$187K$96K$5K$172K on Sep 06 (Sold)$74K on Oct 09 (Initial list)$74K on Oct 10 (Price change)$20K on Oct 11 (Initial list)$20K on Oct 12 (Price change)$60K on Apr 26 (Initial list)
$172K · Sep 06$60K · Apr 26
  1. Apr 21, 2026$60,000Initial list price
  2. Oct 27, 2012$20,000Price change
  3. Oct 26, 2011$20,000Initial list price
  4. Oct 13, 2010$74,000Price change
  5. Oct 12, 2009$74,000Initial list price
  6. Sep 6, 2006$172,000Sold

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 3340 W Walnut St, Chicago
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Home Intelligence

Neighborhood (zip 60624)

This neighborhood is primarily renter-occupied (28% owner-occupied). Median age is 34.8; 8% hold a bachelor's degree; median household income is $31,768.

Median income
$31,768
Median age
34.8
Owner-occupied
27.9%
Bachelor's degree
8.0%
Census median home value
$223,700

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

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