Chicago, IL 60651 5962 W Iowa Street

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Presented By: Baird & Warner
  • MLS# 12373299
  • 05/26/2025
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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 valued at $20,000, 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!
Presented By: Baird & Warner

Interior Features for 5962 W Iowa Street

Bathrooms

Total Baths

Other Interior Features

BasementNone
Laundry FeaturesNone

General for 5962 W Iowa Street

Additional Parcels Y/NNo
CityChicago
CountyCook
Current UseSingle Family
DirectionsChicago to Austin to Iowa
Elementary School District299
High School District299
MLS AreaCHI - Austin
Middle/Junior School District299
ModificationTimestamp2025-06-02T05:07:19.848Z
OwnershipFee Simple
PossessionClosing
Possible UseResidential, Multi-Family, Single Family
Property TypeLand
Property TypeLand
Standard StatusActive
StatusActive
Tax Annual Amount601.29
Tax Year2023
TownshipWest Chicago
UtilitiesElectricity Nearby, Natural Gas Nearby
ZoningOTHER

Exterior for 5962 W Iowa Street

Frontage Length25
Frontage TypeCity Street
Lot Dimensions25 X119.8
Lot Size Acres0.07
Road Surface TypeAsphalt
Total Parking0
Waterfront Y/NNo

Additional Details

Price History

Client Care

Price $75,000
MLS#12373299
List Date 05/26/2025
Property Type Land
Phone 847.485.2500
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