201 W 83rd St, Chicago, IL
0 bd · 0 ba · 0 sqft Land listed at $499,000 in the Chatham neighborhood.
About this home
Prime 0.68-acre (29,553 SF) outlot available in Chatham Market, one of Chicago's strongest South Side retail destinations anchored by Walmart and Lowe's. This highly visible site offers 130 feet of frontage on 83rd Street with daily traffic counts of 15,400+ cars, making it an ideal location for national tenants seeking high exposure. Surrounded by national brands including Chase, BMO Harris, Potbelly, GameStop, Planet Fitness, Aldi, and Home Depot, the property is perfectly suited for retail, office, or restaurant use. Zoning (PD 966, 83rd/Stewart TIF) allows for flexible development options, including a drive-thru restaurant up to 2,900 SF. Build-to-Suit for qualified National Tenants-making this a unique opportunity to secure space in a proven retail corridor without upfront development costs.
Property details
- Price
- $499,000
- Bedrooms
- 0
- Bathrooms
- 0
- Lot size
- 29,621 sqft
- Type
- Land
- Days on market
- 131
- Est. property tax
- $10,379/yr · $865/mo · 2.08% IL avg
Estimated monthly payment
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Price history
- Dec 15, 2025$499,000Initial list price
- Mar 29, 2022$375,000Price change
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 60620)
Median age is 39.1; 12% hold a bachelor's degree; 49% of homes are owner-occupied; median household income is $46,472.
- Median income
- $46,472
- Median age
- 39.1
- Owner-occupied
- 48.6%
- Bachelor's degree
- 11.9%
- Census median home value
- $177,500
Source: US Census Bureau American Community Survey 5-year estimates.
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