An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.
Active
$250,000
4930 S Western Ave, Chicago, IL 60609
--beds
--baths
9,147Square Feet
Unimproved Land
Built in ----
9,147 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Highly visibleHeavily trafficked corridorsStrong daily traffic countsFlexible zoning
- --
- 64
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Cristian Leiva 312-525-9660,
Chicago Properties Firm,
Sam Shaffer,
Chicago Properties Firm
Source: MRED as distributed by MLS GRID,MLS#: 12668102
Facts & features
Property
Features
- Frontage length: 75
Lot
- Size: 9,147 Square Feet
- Dimensions: 75x122x75x122
Details
- Additional parcels included: 19122160240000,19122160250000
- Parcel number: 19122160260000
- Special conditions: None
Utilities & green energy
- Utilities for property: None
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $45,380
- Annual tax amount: $2,739
- Date on market: 6/5/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $912 +68.1% | $4,538 +76.5% |
| 2023 | $542 +2.6% | $2,571 |
| 2022 | $529 +2.3% | $2,571 |
| 2021 | $517 -9.7% | $2,571 |
| 2020 | $573 +10.9% | $2,571 |
| 2019 | $517 +1.7% | $2,571 |
| 2018 | $508 +4% | $2,571 +13.4% |
| 2017 | $488 +7.5% | $2,268 |
| 2016 | $454 +9.3% | $2,268 |
| 2015 | $416 +5.8% | $2,268 +7.1% |
| 2014 | $393 +2% | $2,117 |
| 2013 | $385 +49.1% | $2,117 +17.6% |
| 2008 | $258 +1% | $1,800 |
| 2007 | $256 -1.1% | $1,800 |
| 2006 | $258 +8% | $1,800 +22.9% |
| 2005 | $239 +1% | $1,465 |
| 2004 | $237 +2.2% | $1,465 |
| 2003 | $232 -11.9% | $1,465 |
| 2002 | $263 +3.8% | $1,465 |
| 2001 | $254 +12.6% | $1,465 |
| 2000 | $225 | $1,465 +25% |
| 1999 | $225 | $1,172 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Gage Park
Nearby schools
Schools provided by the listing agent
- Elementary: Nightingale Elementary School
- Middle: Nightingale Elementary School
- High: Kelly High School
- 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.



