Listing provided courtesy of Ruiz Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12670177MLS Provider

2849-3139 W 51st StreetChicago, IL 60632

Vacant Land · 3.64 Acres
$5,250,000 Active

2849-3139 W 51st Street Overview

Time on Site:
24 days
Visits:
0

Exceptional development opportunity in Chicago's thriving Southwest Side. Multiple vacant lots available along W. 51st Street, offering tremendous potential for residential, mixed-use, or investment development (subject to zoning and city approvals). With ample frontage and flexible possibilities, these parcels provide a rare chance to assemble land for a larger project or develop individually. Conveniently located near schools, parks, shopping, restaurants, public transportation, and the new upcoming Amazon location, the property offers easy access to major thoroughfares and surrounding neighborhoods. Whether you're a builder, developer, or investor seeking your next project, these strategically positioned lots present outstanding value and long-term growth potential in an established community. Don't miss this opportunity to secure land in a desirable Chicago location with endless possibilities for future development.

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2849-3139 W 51st Street Facts & Features

  • Type Vacant Land
  • Lot 3.64 Acres

Details

General

School Information

  • School District: 299

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Gage Park
  • Township: Lake

Tax Information

  • Tax Annual Amount: $104,173.70
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 19123060050000
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 1271
  • Frontage Type: City Street
  • Lot Size Acres: 3.64
  • Lot Size Dimensions: 1271X125
  • Road Surface Type: Asphalt
  • Water Source: Community Water

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Sewer Connected

2849-3139 W 51st Street Neighborhood

Community

60632 (Chicago) Demographics

31
Median Age
11,593
Population Density (per sq. mile)
16%
College Educated
$46,937
Estimated Median Income
13,824
Estimated Total Home Owners
11,346
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

2849-3139 W 51st Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2849-3139 W 51st Street Market Data

Based on the last 30 days in this zip code

$356,042
Average List Price
$254
Average Price per Square Foot
16
Properties Sold
60
Average Days on Market
48
Properties for Sale
Calculations provided by Reliance Network

2849-3139 W 51st Street History

Date Event Value Agent
6/10/2026Source: MRED Status Change
Active
6/5/2026Source: MRED Added to Database
June 05, 2026