See Home Value
Chicago 60615 Bronzeville
4931 South Langley Avenue
$9,739,279*
Land - Off Market

4931 South Langley Avenue

Chicago, IL 60615
bedrooms
Studio
bathrooms
0 Bath
$6,750,000 - $8,250,000
Reference Base Price*
29.86%
Since Feb 1, 2021
National-US
Primary Model
Transfer

About This Property

We present 170,000(-/+) square feet of land within the well-sought after Quad Community in the City of Chicago. The property is within an Opportunity Zone and Enterprise Zone. Positioned near the Grand Boulevard, this property is adjacent to McCormick Place, the lakefront, Washington Park, and the Hyde Park community. Currently zoned as RM-5, these lots are perfect for residential multi-unit development. A portion of the land resides in the 49th Street/St Lawrence TIF District. Please contact our office for more details.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1892

Price History

Date / Event Date Event Price
Jan 2, 2021 No longer available -
No longer available
Apr 26, 2020 Listed $7,500,000
Listed

Property Highlights

Building Info

Overview

    General

  • Year Built: 1892
  • Effective Year Built: 1892
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Multifamily
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,125
  • Total Building Area: 2,450
  • Gross Building Area: 2,450
  • Building Area: 2,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,450
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON PARK
  • Land Acres: 0.072
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: NORTH 2 OF LOT 7 IN BLK 2 IN WASHIN GTON PARK SUB NW4 SE4

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 843600

Zoning

  • Zoning: RM-5

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 70
  • Parcel: 20-10-220-012-0000
  • Block: 2
  • Lot: 7
  • Meridian: SEC 10 TWN 38N RNG 14E
  • Municipality: HYDE PARK
  • Latitude: 41.8049
  • Longitude: -87.6098

    Address

  • Full Address: 4931 S Champlain Ave
  • Address - House Number: 4931
  • Street Direction: S
  • Address - Street Name: Champlain
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C083
  • 4-Digit Zip Code: 2508
  • Zip Code: 60615

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,507
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 70112

    Appraisal Valuation

  • Standard Deviation: 0.2555
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 48
  • Final Value: 397,931
  • High Value: 499,610
  • Low Value: 296,251

    Market Valuation

  • Market Total Value: $280,010
  • Market Land Value: $109,380
  • Market Improvement Value: $170,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,001
  • Assessed Land Value: $10,938
  • Assessed Improvements Value: $17,063



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Side


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4800 S Chicago Beach Drive, Chicago, IL, 60615

$1,100 /mo

  • Studio
  • 1 Bath
  • 514 ft²
4800 S Chicago Beach Drive #909S, Chicago, IL, 60615 Listing by Ruth Wallace
Unit for rent at 5493 South Cornell Ave, Chicago, IL

$1,100 /mo

  • Studio
  • 1 Bath
  • 356 ft²
5493 South Cornell Ave, Chicago, IL
Unit for rent at 5220 South Drexel Avenue, Chicago, IL

$1,140 /mo

  • Studio
  • 1 Bath
  • 350 ft²
5220 South Drexel Avenue, Chicago, IL


Frequently Asked Questions

When was property at 4931 South Langley Avenue built and last sold?
The property at 4931 South Langley Avenue was built in 1892 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4931 South Langley Avenue is $7,575,000.
What are some comparable homes to 4931 South Langley Avenue?
There are currently no comparable homes to 4931 South Langley Avenue.

Quantcast