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5131 S Union Ave
Land
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$34,375

5131 S Union Ave, Chicago

97% below median
0 bd·0 ba·0 sqft
3,049 sqft lotNew City

5131 S Union Ave, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $34,375 in the New City neighborhood.

About this home

Invest in one lot up to 10 lots in this pre-the emerging area of Back of the Yards neighborhood which is the more famous part of the New City Community, known historically for its connection to the Union Stock Yard, once the largest livestock and meatpacking center in the United States until the mid20th century. Immediate Area Incentives Include: Environmental Justice Community, Low-Income Community, Illinois underserved area, Justice 40 area, HUBZone, Restore Reinvest Renew R3, Illinois underserved area, HUBZone, Economically Disconnected & Disinvested Area, Equity Investment Eligible Community, Chicago TOD, Affordable Requirements Ordinance (ARO), TaxSmart target area,and a Disproportionately Impacted Area

Property details

Price
$34,375
Bedrooms
0
Bathrooms
0
Lot size
3,049 sqft
Type
Land
Days on market
102
Est. property tax
$715/yr · $60/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($6,875)
Interest rate6.75%
Principal & Interest$178
Property Tax$32
Insurance$150
Total$360/mo

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Price history

0.1%Most recent change on 2026-03-01: $34,348$34,375.

$34K$34K$34K$34K on Jan 26 (Initial list)$34K on Mar 26 (Price change)
$34K · Jan 26$34K · Mar 26
  1. Mar 1, 2026$34,375Price change
  2. Jan 14, 2026$34,348Initial list price

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 60609)

This neighborhood is primarily renter-occupied (40% owner-occupied). Median age is 35.4; 11% hold a bachelor's degree; median household income is $47,209.

Median income
$47,209
Median age
35.4
Owner-occupied
39.6%
Bachelor's degree
10.7%
Census median home value
$228,800

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

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