Last Sold Price
3,150 Lot Size0.07 Acres
4851 S Ridgeway Ave, Chicago, IL 60632

Description

Developers, get your gold shovels ready! You have an opportunity to buy and profit from an RS-2 Zoned vacant lot. This 25 x 126 lot is located in a very desirable neighborhood. The lots are within a short distance to a major high school, train station, and tons of restaurants and shopping centers. Some economic facts include - Workforce: Manufacturing, construction, warehousing. Housing: High owner-occupancy . Housing Stock: Primarily residential, and 2-3 unit buildings. Key Economic Drivers: Location...Developers, get your gold shovels ready! You have an opportunity to buy and profit from an RS-2 Zoned vacant lot. This 25 x 126 lot is located in a very desirable neighborhood. The lots are within a short distance to a major high school, train station, and tons of restaurants and shopping centers. Some economic facts include - Workforce: Manufacturing, construction, warehousing. Housing: High owner-occupancy . Housing Stock: Primarily residential, and 2-3 unit buildings. Key Economic Drivers: Location near Midway Airport, Light industrial and manufacturing facilities, Transit: Archer Avenue, Stevenson Expressway and Orange Train Line. (neighboring lot is also available. You can build 2 properties! Sold as-is. Survey will be provided prior to closing)
LISTING CLOSED: 06/12/2025 12:00 AM

  1. Listed by Jorge Vega • New Avenue Realty LLC
    P: (312) 444-0981 jv@thenewavenue.com;jv@thenewavenue.com
  2. Listed by Andrzej Chmenia • New Avenue Realty LLC
    P: (312) 566-8750 C: (312) 609-9449 ac@thenewavenue.com

Sold By Landmark & Property Group, Inc

Property Details for 4851 South Ridgeway Avenue

Status
MLS #
12302684
Days on Market
23
Taxes
$646 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land
Year Built
-
Lot Size
0.07 AC
Area
CHI - Archer Heights
Township
Lake
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Zoning
SINGL

Recent comparable sales

Median sold price

$95,000

Avg days on market

20

Sale-to-list ratio

94.9%

Chicago, IL

9 comparable properties found

a view of a house with a wooden fence
1/4
1

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Sold 07/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
a view of house with a backyard
1/2
2

$105,500

Sold 05/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
a view of a house with a yard and sitting area
1/3
3

$81,000

Sold 03/23/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.07
Acres
a view of a house with a backyard
1/6
4

$95,000

Sold 07/18/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
5

$85,000

Sold 08/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
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Acres
an aerial view of residential houses with outdoor space
1/2
6

$75,000

Sold 05/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.07
Acres
7

$57,500

Sold 07/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.08
Acres
8

$3,700,000

Sold 06/05/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.93
Acres
a blue building with sign broad
1/12
9

$615,000

Sold 04/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.36
Acres

Location

Add your commute

Building Information for 4851 South Ridgeway Avenue

Lot Size0.07 AC

Payment Calculator

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$613 per month

30 year fixed, 6.55% Interest

Principal and Interest

$559

Property Taxes

$54

HOA Dues

$0

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Property Information for 4851 South Ridgeway Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Edwards Elementary School
  • High School District: 299
  • High School: Curie Metropolitan High School
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 25
  • Frontage Type: City Street
Property Information
Interior Features
  • Basement Type: None
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Unknown (verify)
Property/Lot Information
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 126
  • Approx Land Sq Footage: 3,150
  • Buildings on Land: No
  • Waterfront: No
  • General Information: None
  • North Coordinate: 0
  • South Coordinate: 4851
  • East Coordinate: 0
  • West Coordinate: 3732
Property and Assessments
  • Buyer Financing: Lease Purchase, Owner May Help/Assist, Purchase Money Mortgage, Cash
  • Public Document Count: 1
  • Document Date: 2025-03-03T21:54:18
  • Photos Count: 9
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Single Family
  • Road Surface: Asphalt
  • Total Listed Lots Avail: 2
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 4851 South Ridgeway Avenue

DateEvent & SourcePriceAppreciation
Jun 12, 2025

Sold

MRED #12302684

$110,000
Mar 27, 2025

Pending

MRED #12302684

Mar 27, 2025

Contingent

MRED #12302684

DateEvent & SourcePrice
06/12/2025

Sold

MRED #12302684

$110,000
03/27/2025

Pending

MRED #12302684

03/27/2025

Contingent

MRED #12302684

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4851 South Ridgeway Avenue

Taxable ValueLand$3,938Additions-Total$3,938
Tax Record2023$665 ($55 / month)
Home Facts
Beds0Stories2Lot Size3,150 SqFtStyleMiscellaneous Vacant LandYear Built1978CountyCOOKAPN19-11-112-028

Schools near 4851 South Ridgeway Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 9 to 12
Rating
School
Distance
Edwards Elementary School
PublicPK to 8

Curie Metropolitan High School
Public9 to 12

Acero Charter Network - Jovita Idar
CharterK to 8

Acero Charter Network - Victoria Soto
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Avenue Realty LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/13/2025 11:47 AM. 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.