Active

$29,000

4006 W Polk St, Chicago, IL 60624

--beds

--baths

3,125Square Feet

Unimproved Land

Built in ----

3,125 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Great opportunity to acquire this vacant lot at 4006 W Polk St in Chicago, zoned B3-2, offering flexibility for a variety of commercial, mixed-use, or residential development options under current zoning. Ideal for investors, developers, or owner-users looking to build retail with residential above, office space, or other permitted uses. Located on a residential corridor with convenient access to public transportation, major roadways, neighborhood amenities, and the I-290 Expressway, providing strong connectivity throughout the city. Situated in an area with ongoing development and long-term potential. Property is being sold as-is - buyers to conduct their own due diligence regarding zoning, utilities, and development possibilities. Drive by and explore the potential. (photos coming)

139 days

13

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Facts & features

Property

Features

Frontage length: 24

Lot

Size: 3,125 Square Feet
Dimensions: 25x125

Details

Parcel number: 16154130430000
Special conditions: None

Utilities & green energy

Utilities for property: None

Community & HOA

Location

Region: Chicago

Financial & listing details

Tax assessed value: $40,630
Annual tax amount: $1,323
Date on market: 2/24/2026
Ownership: Fee Simple
Road surface type: Concrete

Estimated market value

Not available

Estimated sales range

Not available

$1,388/mo

Price history

Date	Event	Price
2/24/2026	Listed for sale	$29,000-12.1%
Source: MRED as distributed by MLS GRID #12575705 Report a problem
3/29/2023	Listing removed	--
Source: My State MLS Report a problem
4/22/2022	Price change	$33,000+32%
Source: My State MLS #10982939 Report a problem
2/17/2022	Listed for sale	$25,000
Source: My State MLS #10982939 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	--	$4,063 -35%
2023	$1,323 +2.6%	$6,250
2022	$1,290 +2.3%	$6,250
2021	$1,261 -9.7%	$6,250
2020	$1,397 +10.9%	$6,250
2019	$1,260 +1.7%	$6,250
2018	$1,239 +7.9%	$6,250 +17.7%
2017	$1,147 +7.8%	$5,312
2016	$1,064 +9.3%	$5,312
2015	$973 -1.2%	$5,312
2014	$986 +2%	$5,312
2013	$966	$5,312

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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.

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Climate risks

Neighborhood: Lawndale

Getting around

76 / 100

Very Walkable

71 / 100

Excellent Transit

58 / 100

Bikeable

Nearby schools

GreatSchools rating

6/10
Webster Elementary School
Grades: PK-8Distance: 0.1 mi
NA
Manley Career Academy High School
Grades: 9-12Distance: 1.3 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.