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5954 S Ashland Ave
Land
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$195,000

5954 S Ashland Ave, Chicago

83% below median
0 bd·0 ba·0 sqft
Southwest Side

5954 S Ashland Ave, Chicago, IL

0 bd · 0 ba · 0 sqft Land listed at $195,000 in the Southwest Side neighborhood.

About this home

Great investment opportunity in Chicago! This land for sale at 5950-54 S Ashland Ave is located in an area with excellent development potential. Zoned C2-2, the property supports a wide range of commercial, retail, and residential uses - ideal for mixed-use development, service-oriented businesses, or income-generating housing. Spanning approximately 123x121 ft, the site offers substantial frontage and space for creative planning and design. Strategically positioned near the I-90 highway, it allows for quick travel to downtown Chicago in under 10 minutes. Nearby amenities include Garfield Park Conservatory, the Kohl Children's Museum, and multiple public transportation options, enhancing its appeal for both developers and future tenants. This is truly an outstanding opportunity - drive by anytime and contact the listing agents for more details.

Property details

Price
$195,000
Bedrooms
0
Bathrooms
0
Type
Land
Days on market
198
Est. property tax
$4,056/yr · $338/mo · 2.08% IL avg

Estimated monthly payment

Down payment20% ($39,000)
Interest rate6.75%
Principal & Interest$1,012
Property Tax$179
Insurance$150
Total$1,341/mo

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Price history

2.5%Most recent change on 2025-11-23: $200,000$195,000.

$217K$205K$193K$215K on Jul 25 (Initial list)$200K on Oct 25 (Initial list)$195K on Nov 25 (Price change)
$215K · Jul 25$195K · Nov 25
  1. Nov 23, 2025$195,000Price change
  2. Oct 9, 2025$200,000Initial list price
  3. Jul 24, 2025$215,000Initial 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 60636)

Median age is 37.4; 6% hold a bachelor's degree; 50% of homes are owner-occupied; median household income is $30,451.

Median income
$30,451
Median age
37.4
Owner-occupied
50.1%
Bachelor's degree
6.4%
Census median home value
$130,600

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

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