5962 W Iowa Street, Chicago, IL 60651
Local realty services provided by:Better Homes and Gardens Real Estate Connections
5962 W Iowa Street,Chicago, IL 60651
$45,000
- 0.07 Acres
- Lots / Land
- Active
Listed by:thurston gayle
Office:baird & warner
MLS#:12373299
Source:MLSNI
Price summary
- Price:$45,000
About this home
Developer Alert: Prime RS-3 Zoned Lot at 5962 W Iowa, Chicago, Illinois. Unlock the potential of this 25' x 120' RS-3 zoned lot in Chicago's revitalizing Austin neighborhood. This offering includes professionally designed architectural plans crafted by the esteemed Rus Architects/Renderers, Inc. Led by Rus Blemker, a self-certified architect in Chicago with over 25 years of experience in custom residential design, these plans save you both time and money. Key Features include zoning flexibility: RS-3 zoning is tailored for single-family homes, but two-flats are permitted if the lot has at least 2,500 sq ft per dwelling unit. An exception allows for a reduced lot area per unit (1,500 sq ft) if 60% or more of the zoning lots on the same side of the street between the two nearest intersecting streets have been lawfully improved with buildings containing more than one dwelling unit. Top 5 Reasons Developers Are Investing in Austin: 1. City-Led Revitalization: Austin is a priority community under Chicago's INVEST South/West initiative, attracting significant public and private investment to spur economic growth. 2. Strategic Location: Proximity to major transportation corridors and public transit makes Austin highly accessible, appealing to both residents and businesses. 3. Affordable Entry Point: Compared to other Chicago neighborhoods, Austin offers more affordable land and property prices, providing higher potential returns on investment. 4. Community Engagement: Strong local organizations and community plans foster a collaborative environment for sustainable development, like Austin's quality of life plan called "Austin Forward. Together." 5. Growing Demand: With ongoing redevelopment projects and a focus on mixed-income housing, there's a rising demand for quality residential units in the area. Don't Miss Out! This isn't just a plot of land; it's an opportunity to be part of Austin's transformation. With included architectural plans and favorable zoning, you're set to make a meaningful impact. Act Now-opportunities like this are rare. Let's build the future of Austin together!
Contact an agent
Home facts
- Listing ID #:12373299
- Added:121 day(s) ago
- Updated:September 25, 2025 at 01:28 PM
Structure and exterior
- Lot area:0.07 Acres
Finances and disclosures
- Price:$45,000
- Tax amount:$601 (2023)
Copyright 2025 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 5962 W Iowa Street
$915,000Pending3 beds 3 baths2717 N Lehmann Court #16, Chicago, IL 60614
MLS# 12464398Listed by: BAIRD & WARNER- New
$1,500,000Active7 beds 4 baths3760 N Wayne Avenue, Chicago, IL 60613
MLS# 12477908Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$475,000Active3 beds 3 baths1,200 sq. ft.6753 N Hermitage Avenue #3B, Chicago, IL 60626
MLS# 12478158Listed by: JAMESON SOTHEBY'S INTL REALTY - New
$385,000Active2 beds 1 baths800 sq. ft.6755 N Hermitage Avenue #2, Chicago, IL 60626
MLS# 12478490Listed by: JAMESON SOTHEBY'S INTL REALTY - Open Fri, 2 to 3:30pmNew
$1,290,000Active4 beds 4 baths3,040 sq. ft.220 E Walton Place #5E, Chicago, IL 60611
MLS# 12479625Listed by: @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE - New
$550,000Active4 beds 3 baths4954 W Huron Street, Chicago, IL 60644
MLS# 12480256Listed by: CLASSIC REALTY GROUP PRESTIGE - Open Sun, 11am to 12:30pmNew
$2,649,000Active6 beds 6 baths4,900 sq. ft.3846 N Bell Avenue, Chicago, IL 60618
MLS# 12480801Listed by: COMPASS - New
$365,000Active2 beds 3 baths1,727 sq. ft.9358 S Claremont Avenue, Chicago, IL 60643
MLS# 12480840Listed by: BERKSHIRE HATHAWAY HOMESERVICES CHICAGO - New
$264,900Active2 beds 2 baths1,200 sq. ft.5415 N Sheridan Road #711, Chicago, IL 60640
MLS# 12480891Listed by: DRALYUK REAL ESTATE INC. - New
$475,000Active3 beds 3 baths1,350 sq. ft.6755 N Hermitage Avenue #1, Chicago, IL 60626
MLS# 12480957Listed by: JAMESON SOTHEBY'S INTL REALTY
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.