931 West Cullerton Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Address: 931 W Cullerton St, Chicago, IL 60608, USA
Chicago & Midwest + Land/Development
Created date: May 5, 2026
Date last updated: June 25, 2026
Price: $409,000Investment Analyzer NEW!
  • Prime East Pilsen Location
  • Easy Access to I-90/94 & I-55
  • Surrounded By High-end Homes & Condos
  • Potential To Acquire City-Owned Vacated Alley | 16' x 108'
  • Across From Mural Park, Steps to El Paseo Garden & Dvorak Park
  • Short Walk to Retail & Public Transportation

Property Description

Rare opportunity to acquire a vacant land site in one of Chicago’s most rapidly transforming residential corridors. Zoned RT-4 and located in the East Pilsen neighborhood and is experiencing significant new construction activity, including luxury single-family homes exceeding $1 million and high-quality condominium developments commanding $500,000+ sales prices. The site offers substantial upside through rezoning potential, with ownership open to supporting a zoning change to align with surrounding residential use. This creates a compelling opportunity for developers to capitalize on strong market demand and maximize density in a proven, high-absorption location. Additionally, the property benefits from its adjacency to a long-vacated city alley, presenting the potential to acquire additional land from the City of Chicago. This assemblage could expand the total site to approximately 50’ x 108’, allowing for enhanced design flexibility and increased development scale.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Land/Development
Price: $409,000
Lot Size: 0.08 Acres
Opportunity Zone: No
Property Website Click Here
Address: 931 West Cullerton Street, Chicago, IL 60608, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Cap Rate Calculation

%
$
%

Step 4Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

15781 W Dodge Rd

Omaha, Nebraska
Chicago & Midwest + Land/Development
Price: $400,000

3518 W Broadway

Council Bluffs, Iowa
Chicago & Midwest + Land/Development

4510 Progress Dr

Columbus, Indiana
Chicago & Midwest + Land/Development
Price: $900,000

Brokers

View All

Lenders

View All