Description
Priced at $44,900, this RT-4 East Garfield Park lot (approx. 25'125' / 3,125 sf) is a clean infill play for a 2-3 flat or small multi-unit build-RT-4 in Chicago generally allows about 1 dwelling per 1,000 sf of lot area and a max FAR of ~1.2 (on this lot, that's up to ~3 units and ~3,750 sf of buildable floor area; buyer to verify with the City). Recent high multi-unit sales within ~1 mile (last 12 months) underscore exit potential: 3341 W Fulton Blvd closed for $707,000 (7/23/25), 2418 W Arthington St at $580,000 (9/11/25), and 3318 W Walnut St at $450,000 (7/2/25). Close to transit, I-290, downtown, and ongoing West Side investment, this site sets up well for build-for-sale or hold-as-rentals strategies.
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Description
Priced at $44,900, this RT-4 East Garfield Park lot (approx. 25'125' / 3,125 sf) is a clean infill play for a 2-3 flat or small multi-unit build-RT-4 in Chicago generally allows about 1 dwelling per 1,000 sf of lot area and a max FAR of ~1.2 (on this lot, that's up to ~3 units and ~3,750 sf of buildable floor area; buyer to verify with the City). Recent high multi-unit sales within ~1 mile (last 12 months) underscore exit potential: 3341 W Fulton Blvd closed for $707,000 (7/23/25), 2418 W Arthington St at $580,000 (9/11/25), and 3318 W Walnut St at $450,000 (7/2/25). Close to transit, I-290, downtown, and ongoing West Side investment, this site sets up well for build-for-sale or hold-as-rentals strategies.
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