Check Availability
$19,000
Land - For Sale

823 W 50th Place

Chicago, IL 60609
bedrooms
Studio
bathrooms
0 Bath
$128
Estimated Monthly
$0
HOA / Fees
71.12%
Cap Rate

About This Property

Great opportunity to bring your vision to this blank slate in Chicago's New City. Located in the 20th ward, zoned RS-3, this 3125 sq. ft. property is in proximity to mixed commercial use zoning in the 47th/Ashland TIF district neighborhood with multiple ongoing projects, an est. 10 min drive from Kennedy King Community College, and has access to CTA bus lines on 51st and nearby Ashland Ave. Property being sold in AS IS/WHERE IS condition with no representations, or warranties. Buyer to perform all due diligence including size, zoning, use, TIF availability, and all other details. Offers must reflect due diligence and attorney review to occur through 4/19/24 with closing on or before 4/30/24.
Unit Size
-
Days on Market
102 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$34
HOA Dues
-
Year Built
-
Listed By
Antje Gehrken
A.R.E. Partners Inc.
Last updated: 3 months ago (MREDIL #11961235)

Price History

Date / Event Date Event Price
Jan 19, 2024 Listed by A.R.E. Partners $19,000
Listed by A.R.E. Partners

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,125
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: LIBRARY SUB
  • Land Acres: 0.72
  • Legal Description 1: (LIBRARY) SUB IN NE SEC 08-38-14

Ownership

  • Current Owner : PARK NATIONAL BANK TRUST #30603
  • Previous Owner : REDLINE GROUP LLC

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 612200

Zoning

  • Zoning: RS-3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 20-08-221-014-0000
  • Block: 6
  • Lot: 43
  • Meridian: SEC 08 TWN 38N RNG 14E
  • Municipality: LAKE
  • Latitude: 41.8022
  • Longitude: -87.6463

    Address

  • Full Address: 823 W 50th Pl
  • Address - House Number: 823
  • Street Direction: W
  • Address - Street Name: 50th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Chicago
  • Carrier Code: C042
  • 4-Digit Zip Code: 5106
  • Zip Code: 60609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $418
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 72018

    Market Valuation

  • Market Total Value: $20,310
  • Market Land Value: $20,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,031
  • Assessed Land Value: $2,031

    Sales

  • Current Sale Contract Date: Jun 28, 2007
  • Current Sale Recording Date: Jun 28, 2007
  • Current Sale Transaction ID: 1145386559
  • Current Sale Price: $15,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 0717905095

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Land
Loft
-
-
$19,000 Jan 19, 2024
-
$33/mo
Land
Loft
-
-
$19,000 Jan 19, 2024
-
$34/mo
Land
Loft
-
-
$19,000 Jan 19, 2024
-
$45/mo
Land
Loft
-
-
$19,000 Jan 19, 2024
-
$45/mo

About Southwest Side


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Frequently Asked Questions

When was property at 823 West 50th Place built and last sold?
The property at 823 West 50th Place was built in and last sold on Jun 28, 2007 for $15,000.
How much is this home worth?
The estimated value of the home located at 823 West 50th Place is $19,190.
What are some comparable homes to 823 West 50th Place?
Homes that are comparable to 823 West 50th Place include a land property at 815 West 50th Place, 5019 South Aberdeen Street, 1220 West 51st Street.

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