Active

$520,000

2048 W Grand Ave, Chicago, IL 60612

--beds

--baths

2,178Square Feet

Unimproved Land

Built in ----

2,178 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

West Town development opportunity! One of two side by side lots available for purchase separately or together. 2050 W Grand is a frame two unit- currently rented month to month and 2048 is a former urban garden now vacant and ready for highest and best use! Both lots are zoned B2B allowing for development of 2-4 unit residential, commercial, mixed use, multi family or single family properties. Lots are 24 x 92 and are centrally located at Grand and Hoyne with a bus stop right out front and close proximity to the heart of Ukrainian Village, United Center development and the West Loop. This is your chance to acquire land in the booming Grand Ave corridor. Adjacent mixed use property at 2054 W Grand also available for $3.25M giving you 5 total parcels.

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Facts & features

Interior

Appliances

Laundry: None

Features

Basement: None

Property

Features

Frontage length: 24

Lot

Size: 2,178 Square Feet
Dimensions: 24X92

Details

Parcel number: 17071240190000
Zoning: OTHER
Special conditions: None

Utilities & green energy

Utilities for property: Other

Community & HOA

Location

Region: Chicago

Financial & listing details

Tax assessed value: $110,400
Annual tax amount: $2,224
Date on market: 8/4/2026
Ownership: Fee Simple
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/27/2021	Sold	$349,000
Source: MRED as distributed by MLS GRID #10919271 Report a problem
7/7/2021	Contingent	$349,000
Source: MRED as distributed by MLS GRID #10919271 Report a problem
6/14/2021	Price change	$349,000-6.9%
Source: MRED as distributed by MLS GRID #10919271 Report a problem
4/5/2021	Price change	$375,000-6%
Source: MRED as distributed by MLS GRID #10919271 Report a problem
10/28/2020	Listed for sale	$399,000+698%
Source: Sonex Properties Inc. #10919271 Report a problem
2/25/1998	Sold	$50,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$2,225 +40%	$11,040 +47.1%
2023	$1,589 +2.9%	$7,507
2022	$1,544 +2.3%	$7,507
2021	$1,510 -9.7%	$7,507
2020	$1,672 -73.3%	$7,507 -78.7%
2019	$6,265 -0.5%	$35,299
2018	$6,294 +32.6%	$35,299 +38.9%
2017	$4,745 +3.4%	$25,419
2016	$4,591 +9.9%	$25,419
2015	$4,177 +2.5%	$25,419 +3.6%
2014	$4,074 +2.3%	$24,526
2013	$3,982 +14.3%	$24,526
2012	$3,484 +25.5%	$24,526 -26.9%
2011	$2,777 +18.4%	$33,564
2010	$2,346 -45.5%	$33,564
2009	$4,308 +0.9%	$33,564 -8%
2008	$4,272 +120.2%	$36,493
2007	$1,940 -37.8%	$36,493
2006	$3,118 +13.4%	$36,493 +51.1%
2005	$2,751 +3.8%	$24,154
2004	$2,651 +4.6%	$24,154
2003	$2,536 +25.8%	$24,154 +85.2%
2002	$2,015 +5.6%	$13,039
2001	$1,907 +109.2%	$13,039
2000	$912 -30.1%	$13,039 +93.3%
1999	$1,304	$6,745

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: West Town

Getting around

90 / 100

Walker's Paradise

75 / 100

Excellent Transit

97 / 100

Biker's Paradise

Nearby schools

GreatSchools rating

3/10
Talcott Elementary School
Grades: PK-8Distance: 0.3 mi
1/10
Wells Community Academy High School
Grades: 9-12Distance: 0.8 mi

Schools provided by the listing agent

District: 299

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.