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916-924 W 54th St
Pending
Land
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$24,900

916-924 W 54th St, Chicago

98% below median
0 bd·0 ba·0 sqft
New City

916-924 W 54th St, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $24,900 in the New City neighborhood.

About this home

Rare package deal! Four contiguous lots totaling approx. 100x125 with 25 ft of frontage each, zoned RS-3 for single-family or two-flat development. Surrounded by new construction and major redevelopment. Strong opportunity for builders and investors seeking scale in a rapidly improving area with upside potential. Property sold subject to Bankruptcy Court approval. Buyer to conduct all due diligence.

Property details

Price
$24,900
Bedrooms
0
Bathrooms
0
Type
Land
Days on market
106
Est. property tax
$518/yr · $43/mo · 2.08% IL avg
Last sold
$23,000 · Oct 2007

Estimated monthly payment

Down payment20% ($4,980)
Interest rate6.75%
Principal & Interest$129
Property Tax$23
Insurance$150
Total$302/mo

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Price history

$107K$61K$15K$23K on Oct 07 (Sold)$100K on Sep 24 (Initial list)$25K on Jan 26 (Initial list)
$23K · Oct 07$25K · Jan 26
  1. Jan 10, 2026$24,900Initial list price
  2. Sep 9, 2024$99,500Initial list price
  3. Oct 4, 2007$23,000Sold

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.

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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