Exceptional development opportunity featuring a 3/4+ of an acre vacant lot at 3039-3057 W. 51st Street in Chicago! This vacant lot offers an opportunity for builders, developers, and investors to bring their vision to life. With generous frontage to 51st ST, the property is well-suited for residential investment development zoned as C1-1 (subject to zoning and City approvals). Ideally located on Chicago's Southwest Side, the site offers convenient access to schools, parks, shopping, restaurants, public transportation, and major expressways. The nearby planned Amazon development further enhances the area's long-term growth potential, and bringing approximately 1000+ employees. Whether you're looking to develop the two PINs individually or assemble them into a larger project, this is an outstanding opportunity to invest in one of Chicago's emerging development corridors. Don't miss your chance to secure this exceptional land offering with endless possibilities. Contact us today for additional information and to explore the potential of this unique property.
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Zillow last checked:
Listing updated:
Listed by:
Miguel Sanchez773-991-1757,
Ruiz Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12697246
Utilities for property: Electric to Site, Sewer Connected
Community & HOA
Location
Region: Chicago
Financial & listing details
Annual tax amount: $26,382
Date on market: 7/7/2026
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/7/2026
Listed for sale
$1,100,000
Source: MRED as distributed by MLS GRID #12697246Report a problem
Public tax history
Tax history is unavailable.
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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.