8500 South Stewart Avenue

Chicago, IL 60620

$8,000,000
Price
718,740 / 16.5
Lot Size / Acres

Description

8500 S Stewart Avenue offers an incredible 16.5 acres of prime land awaiting development. Strategically located between two major train lines, the Union Pacific and the CSX, it is ideally suited for cargo deliveries. Currently zoned for industrial use, the property can be easily rezoned for residential purposes, presenting a myriad of opportunities. Potential uses include a warehouse facility, truck parking, manufacturing plant, or even a recording studio. Additionally, the property is perfect for...8500 S Stewart Avenue offers an incredible 16.5 acres of prime land awaiting development. Strategically located between two major train lines, the Union Pacific and the CSX, it is ideally suited for cargo deliveries. Currently zoned for industrial use, the property can be easily rezoned for residential purposes, presenting a myriad of opportunities. Potential uses include a warehouse facility, truck parking, manufacturing plant, or even a recording studio. Additionally, the property is perfect for developing a retirement community, single-family homes, or multi-family housing. The possibilities for this versatile site are truly endless.
  1. Listed by Donna Dalke • Better Homes & Gardens Real Estate

Property Details for 8500 South Stewart Avenue

Area
CHI - Auburn Gresham
Township
Lake
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
None
Zoning
INDUS
LISTING UPDATED: 11/25/2024 12:06 AM

Property Details for 8500 South Stewart Avenue

StatusActive
MLS #12213445
Days on Market39
Taxes$31,488 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size16.50 AC
CountyCook County

Building Information for 8500 South Stewart Avenue

Lot Size16.50 AC

Property Information for 8500 South Stewart Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Location and General Information
  • Frontage Length: 480
  • Frontage Type: City Street, Frontage Road
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer
Property/Lot Information
  • Lot Size: 10.0-24.99 Acres
  • Lot Dimensions: 480X1249X740X718X873X249
  • Buildings on Land: No
  • Waterfront: No
  • General Information: Interstate Access
  • North Coordinate: 0
  • South Coordinate: 8500
  • East Coordinate: 0
  • West Coordinate: 400
Property and Assessments
  • Buyer Financing: Conventional, Cash, Other
  • Public Document Count: 0
  • Photos Count: 10
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Other
  • Road Surface: Dirt, Gravel
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No

Property History for 8500 South Stewart Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8500 South Stewart Avenue

Taxable ValueLand$153,091Additions-Total$153,091
Tax Record2022$31,488 ($2,624 / month)
Home Facts
Beds0Lot Size680,407 SqFtStyleMiscellaneous Vacant LandCountyCOOKAPN20-33-305-037

Schools near 8500 South Stewart Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Westcott Elementary School
PublicPK to 8

Hirsch Metropolitan High School
Public9 to 12

Simeon Career Academy High School
Public9 to 12

Perspectives Chtr - HS of Tech
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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8500 South Stewart Avenue is a 16.5 ac of land for sale in Chicago, IL 60620. This property was listed for sale on November 19, 2024 by Better Homes & Gardens Real Estate, it's currently listed at $8,000,000. It has been on the market for a total of 39 days and was last sold on December 14, 2012. This listing's school district is Chicago Public Schools. Nearby schools include Westcott Elementary School, Hirsch Metropolitan High School and Simeon Career Academy High School. 8500 South Stewart Avenue is a 0-bed, 0-bath, 16.5 ac of land on a 718,740 sq. ft. / 16.5 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Homes & Gardens Real Estate

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/25/2024 12:06 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.