Prime opportunity to acquire 8,932 sq ft of M1-1 zoned land in a strategic Chicago location. This Manufacturing district supports a wide range of permitted uses, light manufacturing, warehousing, distribution, contractor shops, and business services, offering built-in flexibility from day one. The site features a curb cut for seamless access, making it well-suited for logistics, fleet operations, or redevelopment. Steps from the CTA Pink Line at Kostner, with additional access at Cicero, the property delivers a direct connection to Downtown Chicago and the Loop, a major advantage for workforce accessibility. Quick access to the I-290 Eisenhower Expressway puts both Downtown and the surrounding suburbs within easy reach. Situated within an established industrial corridor with strong infrastructure, this is a rare chance for investors, developers, or owner-users to capitalize on flexible zoning and prime connectivity.
Active
Price cut: $33.3K (6/24)
$190,000
1863 S Kostner Ave, Chicago, IL 60623
--beds
--baths
8,276Square Feet
Unimproved Land
Built in ----
8,276 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 162 days
- 48
- 0
Zillow last checked:
Listing updated:
Listed by:
Lourdes Hernandez (773)370-1989,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12601876
Facts & features
Property
Features
- Frontage length: 89
Lot
- Size: 8,276 Square Feet
- Dimensions: 89x100
Details
- Parcel number: 16224090380000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Utilities for property: Electric to Site, Natural Gas Available, Water Nearby
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $122,100
- Annual tax amount: $4,003
- Date on market: 3/25/2026
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt, Concrete
Estimated market value
Not available
Estimated sales range
Not available
$1,325/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $190,000-14.9% |
Source:  MRED as distributed by MLS GRID #12601876 Report a problem | ||
| 3/25/2026 | Listed for sale | $223,300+94.2% |
Source: MRED as distributed by MLS GRID #12601876 Report a problem | ||
| 4/8/2025 | Sold | $115,000+91.7% |
Source: Public Record Report a problem | ||
| 1/8/2019 | Sold | $60,000-7.6% |
Source: MRED as distributed by MLS GRID #10099957 Report a problem | ||
| 12/4/2018 | Pending sale | $64,900 |
Source: Keller Williams Preferred Realty #10099957 Report a problem | ||
| 10/26/2018 | Price change | $64,900-13.5% |
Source: Keller Williams Preferred Realty #10099957 Report a problem | ||
| 10/3/2018 | Listed for sale | $75,000 |
Source: Keller Williams Preferred Realty #10099957 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,462 -38.5% | $12,210 -35.4% |
| 2023 | $4,003 +2.6% | $18,909 |
| 2022 | $3,903 +2.3% | $18,909 |
| 2021 | $3,815 -9.7% | $18,909 |
| 2020 | $4,226 +10.9% | $18,909 |
| 2019 | $3,812 +1.7% | $18,909 |
| 2018 | $3,747 +135.4% | $18,909 +156.6% |
| 2017 | $1,592 +7.8% | $7,368 |
| 2016 | $1,476 +9.3% | $7,368 |
| 2015 | $1,350 -1.2% | $7,368 |
| 2014 | $1,367 +2% | $7,368 |
| 2013 | $1,340 | $7,368 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Lawndale
Nearby schools
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