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Listing provided courtesy of Chi Real Estate Group LLCMREDas Distributed by MLSGrid- MLS# 12640998MLS Provider

3110-3118 S Shields AvenueChicago, IL 60616

Vacant Land · 0.21 Acres
$1,500,000 Active

3110-3118 S Shields Avenue Overview

Time on Site:
53 days
Visits:
0

Rare opportunity in the heart of Armour Square! This offering includes three lots with two PINs zoned M1-2 with excellent development potential. Ideal for commercial, warehouse, storage, contractor, or mixed-use possibilities (buyer to verify zoning and use). Prime location near Chinatown, downtown Chicago, I-90/94, I-55, and Guaranteed Rate Field. Surrounded by ongoing development and heavy traffic exposure, this is a great opportunity for investors, developers, or business owners. Property sold as-is.

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3110-3118 S Shields Avenue Facts & Features

  • Type Vacant Land
  • Lot 0.21 Acres

Details

General

School Information

  • School District: 299

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Armour Square
  • Township: South Chicago

Tax Information

  • Tax Annual Amount: $2,949.73
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 17332000770000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: OTHER

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None
  • Laundry Features: None

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Frontage Length: 25
  • Frontage Type: City Street
  • Lot Size Acres: 0.21
  • Lot Size Dimensions: 75x125
  • Road Surface Type: Concrete

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Unknown (verify)

3110-3118 S Shields Avenue Neighborhood

Community

60616 (Chicago) Demographics

38
Median Age
11,385
Population Density (per sq. mile)
53%
College Educated
$61,843
Estimated Median Income
9,233
Estimated Total Home Owners
15,237
Estimated Total Renters
38% / 62%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3110-3118 S Shields Avenue Monthly Cost

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Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3110-3118 S Shields Avenue Market Data

Based on the last 30 days in this zip code

$424,602
Average List Price
$328
Average Price per Square Foot
41
Properties Sold
58
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

3110-3118 S Shields Avenue History

Date Event Value Agent
5/12/2026Source: MRED Status Change
Active
5/7/2026Source: MRED Added to Database
May 07, 2026