Listing provided courtesy of Coldwell Banker RealtyMREDas Distributed by MLSGrid- MLS# 12542591MLS Provider

5131 S Union AvenueChicago, IL 60609

Vacant Land · 0.07 Acres
$34,375 Active

5131 S Union Avenue Overview

Time on Site:
167 days
Visits:
0

Invest in one lot up to 10 lots in this pre-the emerging area of Back of the Yards neighborhood which is the more famous part of the New City Community, known historically for its connection to the Union Stock Yard, once the largest livestock and meatpacking center in the United States until the mid20th century. Immediate Area Incentives Include: Environmental Justice Community, Low-Income Community, Illinois underserved area, Justice 40 area, HUBZone, Restore Reinvest Renew R3, Illinois underserved area, HUBZone, Economically Disconnected & Disinvested Area, Equity Investment Eligible Community, Chicago TOD, Affordable Requirements Ordinance (ARO), TaxSmart target area,and a Disproportionately Impacted Area

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5131 S Union Avenue Facts & Features

  • Type Vacant Land
  • Lot 0.07 Acres

Details

General

School Information

  • School District: 299
  • Elementary School: Dewey Elementary School Academy
  • High School: Dewey Elementary School Academy

Business Information

  • Current Use: Multi-Family,Single Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - New City
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $429.00
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20093020120000
  • Possible Use: Multi-Family,Single Family
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: SINGL

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 25
  • Frontage Type: City Street
  • Lot Size Dimensions: 25x125
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available

5131 S Union Avenue Neighborhood

Community

60609 (CHICAGO) Demographics

34
Median Age
7,786
Population Density (per sq. mile)
22%
College Educated
$40,324
Estimated Median Income
8,185
Estimated Total Home Owners
13,782
Estimated Total Renters
37% / 63%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

5131 S Union Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

5131 S Union Avenue Market Data

Based on the last 30 days in this zip code

$297,104
Average List Price
$204
Average Price per Square Foot
15
Properties Sold
81
Average Days on Market
71
Properties for Sale
Calculations provided by Reliance Network

5131 S Union Avenue History

Date Event Value Agent
3/6/2026Source: MRED Status Change
Active
3/1/2026Source: MRED Price Increase
$34,375 0.1%
3/1/2026Source: MRED Status Change
Price Change
1/19/2026Source: MRED Status Change
Active
1/14/2026Source: MRED Added to Database
January 14, 2026