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Listing provided courtesy of Realistic Realty LLCMREDas Distributed by MLSGrid- MLS# 12412496MLS Provider

1245 S Kolin AvenueChicago, IL 60623

Vacant Land
$27,000 Active

1245 S Kolin Avenue Overview

Time on Site:
358 days
Visits:
5

Attention builders and developers! Prime RT-4 zoned vacant lot (25 125 / 3,125 sq ft) ready for new construction in Chicago's North Lawndale neighborhood. RT-4 zoning allows strong potential for multi-unit residential development, making this an attractive opportunity for builders and investors. Conveniently located near neighborhood amenities, schools, and recreation including Franklin Park, with access to nearby transportation corridors. The property may also qualify for Chicago development incentives, including programs connected to Opportunity Zones and neighborhood investment initiatives. Excellent opportunity to develop in an area experiencing continued redevelopment and community investment.

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1245 S Kolin Avenue Facts & Features

  • Type Vacant Land

Details

General

School Information

  • School District: 299

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - North Lawndale
  • Township: West Chicago

Tax Information

  • Tax Annual Amount: $913.66
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 16222010220000
  • Possible Use: Condominium
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 25
  • Frontage Type: City Street
  • Lot Size Dimensions: 25X125
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Unknown (verify)

1245 S Kolin Avenue Neighborhood

Community

60623 (Chicago) Demographics

33
Median Age
14,242
Population Density (per sq. mile)
17%
College Educated
$34,714
Estimated Median Income
9,269
Estimated Total Home Owners
16,477
Estimated Total Renters
36% / 64%
Estimated Owner / Renter Divide
3
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.

1245 S Kolin Avenue Monthly Cost

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$ %
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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.

1245 S Kolin Avenue Market Data

Based on the last 30 days in this zip code

$338,047
Average List Price
$199
Average Price per Square Foot
6
Properties Sold
76
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

1245 S Kolin Avenue History

Date Event Value Agent
11/22/2025Source: MRED Status Change
Active
11/17/2025Source: MRED Price Reduction
$27,000 -10.0%
11/17/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Added to Database
July 07, 2025
7/31/2025Source: MRED Status Change
Active