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Active
118 W 113th PL Chicago, IL 60628
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12512665
Annual Tax Amount $375
Tax Year 2024
Lot Dimensions 25 X 125
Property Sub-Type Land
Property Description
Prime Investment Opportunity - Land in Chicago's Roseland Community Discover the potential of Chicago's Roseland community, where progress and opportunity meet. This undeveloped parcel of land offers a rare chance to invest in one of the South Side's most promising redevelopment corridors. Perfectly positioned for new residential build or community-focused ventures. Location Highlights - Strategic South Side Position: Centrally located with quick access to I-57, I-94, and major transit routes. Connecting residents directly to downtown Chicago and neighboring communities. - Red Line Expansion: The transformative CTA Red Line Extension is bringing new transit stations to Roseland, dramatically improving accessibility and driving long-term property value. - Medical District Designation: Near the expanding Roseland Medical District, a growing hub for healthcare and life sciences. The district's growth supports increasing demand for quality housing, workforce accommodations, and complementary neighborhood services. Investment Potential - Residential Development: Ideal for single-family homes, townhomes, or multi-unit housing, meeting the area's need for modern, affordable living options. - Community Growth: Positioned to benefit from city-backed revitalization efforts, infrastructure upgrades, and new investment incentives. - Long-Term Vision: The combination of public investment, healthcare expansion, and improved transit access creates a powerful foundation for sustainable returns and community impact. Why Invest in Roseland? - Roseland is experiencing a new wave of growth driven by infrastructure investment, strong community engagement, and strategic city planning. Investors and developers have the opportunity to be part of this transformation. Creating value while contributing to the revitalization of one of Chicago's most historic neighborhoods.
Location
State IL
County Cook
Area Chi - Roseland
Rooms
Basement None
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cassandra Jennings of Coldwell Banker Realty