Builder's Dream - Prime Investment Opportunity Attention builders and investors! This 50x125 lot, featuring a 2-car garage, is ready for your next project. Located in a highly desirable area with low taxes, this property is perfect for new construction or redevelopment. Situated just one block off Harlem Avenue, this lot offers unparalleled convenience with easy access to major expressways, including I-55 and I-294. The central location provides excellent accessibility while being close to shopping, dining, and other amenities. Don't miss this chance to capitalize on a rare opportunity in today's low-inventory market. The possibilities are endless!
Property Details
Property Features
Listing Office:
Office Name: Baird & Warner
Office Phone: (708) 491-4155
Listing Agent: Dana Woods
Other
Directions Information:
Directions: Harlem to 74th St. East to land
Price Information
Listing Price Info
Price Summary:
List Price: $134,900
Tax Information:
Annual Amount: $5,211
Tax Year: 2019
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Housing Market Comparison
See how this home compares to others in Chicago, IL.
This property is $229K less than the Median Sold Price in Chicago, IL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MRED
MLS Number: #12212699
Listing Office:
Office Name: Baird & Warner
Office Phone: (708) 491-4155
Listing Agent: Dana Woods
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Bridgeview Elementary School
7800 S Thomas Ave
Distance between this listing and this school0.67 miles
Public District Grades KG-6
4
/10
Robina Lyle Elementary School
7801 W 75th St
Distance between this listing and this school0.85 miles
Public District Grades KG-6
2
/10
Rosa G. Maddock Elementary School
8258 Sayre Ave
Distance between this listing and this school1.10 miles
Public District Grades KG-5
Nearby Schools
6
/10
Dore Elementary School
7134 W 65th St
Distance between this listing and this school1.18 miles
Public District Grades PK-8
7
/10
Dr Donald Wharton Elementary School
7555 W 64th St
Distance between this listing and this school1.34 miles
Public District Grades 5-5
7
/10
Geo T Wilkins Jr High School
8001 S 82nd Ave
Distance between this listing and this school1.47 miles
Public District Grades 7-8
Nearby Schools
5
/10
Argo Community High School
7329 W 63rd St
Distance between this listing and this school1.38 miles
Public District Grades 9-12
4
/10
Reavis High School
6034 W 77th St
Distance between this listing and this school1.42 miles
Public District Grades 9-12
2
/10
Kennedy High School
6325 W 56th St
Distance between this listing and this school2.48 miles
The neighbors living near this home have an average income of $38,395. The majority of Chicago, IL residents have income less than $35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Living In Chicago, IL
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What are the common housing types in Chicago, IL?
Chicago's housing market is diverse, offering a mix of high-rise apartments, classic brownstones, and spacious single-family homes. The architectural landscape is a blend of historic buildings with modern and contemporary designs. High-rise apartments and condos are particularly prevalent in areas like The Loop and along the lakefront, while neighborhoods such as Lincoln Park and Wicker Park feature charming brownstones and vintage walk-ups. Single-family homes are more common in the city's outskirts, with a homeownership rate around 44%, reflecting a balance between owners and renters in the city.
What are the advantages of living in Chicago, IL?
Chicago is celebrated for its vibrant cultural scene, with numerous festivals throughout the year, including the Taste of Chicago and the Chicago Jazz Festival. The city prides itself on its rich history, world-class museums, and a dynamic arts community. Neighborhoods each have their own unique character, from the artistic vibes of Pilsen to the bustling streets of River North. The city's waterfront location along Lake Michigan also contributes to its distinct appeal, offering residents and visitors alike picturesque views and ample recreational opportunities.
Are essential services in Chicago, IL convenient?
The city is equipped with an extensive array of services, including a robust public school system with over 600 schools, numerous private and charter schools, and several institutions of higher education. Healthcare is readily accessible with multiple hospitals and clinics dispersed throughout the city, providing a range of services from emergency care to specialized treatments. Chicago's public library system is one of the largest in the country, and the city's retail and dining landscape reflects its diverse population, with everything from high-end boutiques to family-owned eateries.
How do Chicago, IL residents get around?
Chicago's transportation infrastructure is comprehensive, featuring an extensive public transit system operated by the Chicago Transit Authority (CTA), which includes buses and the 'L' train system with frequent service across multiple lines. The city is also served by Metra commuter rail and the Pace suburban bus service. While the downtown area is highly walkable, the city's bike-sharing program and dedicated bike lanes cater to cyclists. Major highways such as the Dan Ryan, Kennedy, and Eisenhower expressways facilitate travel in and out of the city. Ongoing projects aim to improve the efficiency and accessibility of the city's transportation network.
Frequently Asked Questions About 7125 W 74th St
What is the listing price of this property?
The listing price of 7125 W 74th St property is $134,900.
What type of property is this?
The property 7125 W 74th St is land located in Chicago, Illinois, 60638.
Is this property for sale now?
Active Listing: 7125 W 74th St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2019 is $5,211 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 27, 2013 for $29,000. (source: MLS/tax record).
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This home is located at 7125 W 74th St in Chicago, IL and zip code 60638. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $134,900.
In November 2024 more than 521 listings in Chicago, IL were sold above the asking price. During the same period more than 254 listings were sold at asking price, while more than 845 were sold below. The number of homes for sale in Chicago, IL increased by 2.1% between October 2024 and November 2024. In November 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $363,936.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.
Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved. 
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