See Home Value
$808,851*
Land - Off Market

530 E 40th Street

Chicago, IL 60653
bedrooms
Studio
bathrooms
0 Bath
$716,000 - $874,000
Reference Base Price*
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Land for sale in booming Bronzville, along Chicago's Lakefront.  Ownership will consider a development contingency from experienced developers. The property is situated in both an opportunity zoning and TIF district. This offering provides a unique opportunity to build on a prime site that is within walking distance to both the CTA train and the beach along with offering easy access to Lake Shore Drive and I(90).  Bronzeville is in the midst of a development boom including the $3.8 billion dollar Bronzeville Lakefront mixed-use development (former Michael Reese Hospital site). Flourishing demand for housing is driven by the proximity to transportation, the lakefront, and the Loop.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$591
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Sep 20, 2023 No longer available -
No longer available
Sep 20, 2023 Sold $650,000
Sold
Jul 28, 2023 In contract -
In contract
Apr 5, 2023 Listed $795,000
Listed
Apr 2, 2023 No longer available -
No longer available
Show More

Property Highlights



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$650,000 Aug 21, 2020
$650,000 Dec 31, 2020
$455/mo
Land
Loft
-
-
$795,000 Apr 5, 2023
-
$591/mo
Multifamily
9 Beds
-
-
$789,000 Feb 21, 2023
-
$736/mo
House
3 Beds
3.5 Baths
3,500 ft²
$225/ft²
$787,000 Jul 10, 2023
-
-
House
5 Beds
4 Baths
-
$720,000 Jun 9, 2023
-
$555/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220519
05/19/2022
Loft
-
-
$850,000
bedrooms
Loft
bathrooms
-
-
-
-
Steven Rapoport
Chicago Real Estate Resources

Building Info

530 East 40th Street 530 East 40th Street, Chicago, IL 60653
  • 1 Unit for Sale
More about this Building
530 East 40th Street
Want to find out who owns 530 East 40th Street, Chicago, IL 60653? Get detailed property transactions here .

About South Side


Similar Homes for Sale

Unit for sale at 4332 South St Lawrence Avenue, Chicago, IL 60653

$720,000

  • 5 Beds
  • 4 Baths
4332 South St Lawrence Avenue, Chicago, IL 60653 Listing by Howard Thomas
Unit for sale at 4535 South Evans Avenue, Chicago, IL 60653

$787,000

  • 3 Beds
  • 3.5 Baths
  • 3,500 ft²
4535 South Evans Avenue, Chicago, IL 60653 Listing by Joanna Olszynska
Unit for sale at 4236 South Champlain Avenue, Chicago, IL 60653

$789,000

  • 9 Beds
4236 South Champlain Avenue, Chicago, IL 60653 Listing by Juan Juarbe

Nearby Rentals

Unit for rent at 920 E 43rd Street, Chicago, IL, 60653

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
920 E 43rd Street #409, Chicago, IL, 60653 Listing by Joanna Olszynska
Unit for rent at 1700 E 56th Street, Chicago, IL, 60637

$1,200 /mo

  • Studio
  • 1 Bath
  • 600 ft²
1700 E 56th Street #1706, Chicago, IL, 60637 Listing by Mercedes Avila
Unit for rent at 1213 E 46th Street, Chicago, IL, 60653

$2,900 /mo

  • 2 Beds
  • 2 Baths
1213 E 46th Street #2, Chicago, IL, 60653 Listing by Candace Bailey


Quantcast