For Sale115d on market
201 W 83rd St
Chicago, IL, 60620 • West Chatham • Cook County
$499,000
0.68 acLot
Market activity
Demand and pricing signals for this listing
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People checking out this listing
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Buyers have saved this home
115 days on market
Established listing
About this home
Lot
Prime 0.68-acre (29,553 SF) outlot available in Chatham Market, one of Chicago's strongest South Side retail destinations anchored by Walmart and Lowe's. This highly visible site offers 130 feet of frontage on 83rd Street with daily traffic counts of 15,400+ cars, making it an ideal location for national tenants seeking high exposure. Surrounded by national brands including Chase, BMO Harris, Potbelly, GameStop, Planet Fitness, Aldi, and Home Depot, the property is perfectly suited for retail, office, or restaurant use. Zoning (PD 966, 83rd/Stewart TIF) allows for flexible development options, including a drive-thru restaurant up to 2,900 SF. Build-to-Suit for qualified National Tenants-making this a unique opportunity to secure space in a proven retail corridor without upfront development costs.
Estimated monthly payment
Based on current rates
$3,111/month
Principal & Interest$2,446
Property Tax$499
Insurance$166
Down payment20% ($99,800)
3%50%
Est. 6.20% rate · 30yr fixed · $399,200 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Parking & Outdoor
BasementNone
Lot0.68 Acres
Location & Tax
NeighborhoodWest Chatham
Annual tax$6,557
Parcel2033405011
Features & details
2 categories of property features
Interior Features
Laundry
None
Exterior Features
Utilities
Electricity Nearby
Natural Gas Nearby
Water Nearby
Listing insights
Market data and value estimates
StatusFor Sale
Days on market115
Tax rate1.99%
On marketDec 15, 2025
PostedDec 15, 2025
Last sold$146,000
MLS statusActive
MLS updatedDec 21, 2025
Tour days6
Views8
Favorites1
How are the schools in Chicago?
2 schools rated nearby
Location
Chicago, IL, 60620
Price history
3 events
DateEventPrice$/sqftSource
Dec 15, 2025Listed For Sale$499,000—MRED as distributed by MLS GRID
Jan 8, 2025Sold$146,000—Public Record
Oct 23, 2024Listed For Sale——MRED as distributed by MLS GRID
Listed For Sale$499,000
Dec 15, 2025•MRED as distributed by MLS GRID
Sold$146,000
Jan 8, 2025•Public Record
Listed For Sale—
Oct 23, 2024•MRED as distributed by MLS GRID
Tax history
11 years of records
YearTax paidAssessed value
Apr 10, 2023$6,557$31,079
Apr 10, 2022$6,392$31,079
Apr 10, 2021$6,250$31,079
Apr 10, 2020$6,923$31,079
Apr 10, 2019$6,244$31,079
Apr 10, 2018$6,139$31,079
Apr 10, 2017$6,162$28,625
Apr 10, 2016$5,733$28,625
Apr 10, 2015$5,171$28,221
Apr 10, 2014$3,187$17,178
Apr 10, 2013$3,124$17,178
Nearby homes
Neighborhood details
Local context around this listing
Chicago, IL • Cook County
Nearby neighborhoods
GreshamIrving ParkLake ViewLincoln ParkLittle VillageLogan SquareRogers ParkSouth AustinUptownWest Ridge
Nearby cities
Arlington HeightsChicagoCiceroDes PlainesElginEvanstonOrland ParkPalatine
Nearby zip codes
60608606176061860623606256062960632606346063960647
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Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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