941 N Racine Avenue, Chicago, IL

$485,000

Overview

  • 154566
  • Property ID
  • Updated On:
  • April 7, 2026

Description

Developers and Builders – don’t miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago’s most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making this an ideal site for a thoughtfully designed development that can capture top-of-the-market pricing in a location where new construction consistently commands premium values. Surrounded by modern developments and ongoing revitalization, this parcel sits in a corridor where investment momentum continues to grow. Buyers are encouraged to consult with an architect and/or zoning professional to verify development potential, density allowances, and the intended end use.

Other Features
None

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$2,486.69
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 1,880.44

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Information for the property at 941 N Racine Avenue, Chicago, IL, 60642 (Property ID: 154566) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi