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Active - Land for sale
Chicago, IL
Facts & features
Why you’ll love it
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.
Listings courtesy of Chicago Properties Firm as distributed by MLS GRID.
Listed by: Cristian Leiva • Chicago Properties Firm
Co-listed by: Sam Shaffer • Chicago Properties Firm
Source: MRED as distributed by MLS GRID, MLS#: 12668102
Based on info available as of Nov 14, 2026 at 1:28 PM EST.
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Affordability
$1,492/mo
- Mortgage$1,264
- Property tax$228
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$5,000 Credit back
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Travel times
About Chicago
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.
Based on information submitted to the MLS GRID as of Nov 14, 2026 at 01:28pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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