118 W 113th Place, Chicago, IL 60628

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.

Listing Status:

Active

Listing Office:

Coldwell Banker Realty : 708-424-4000

Listing Agent:

Cassandra Jennings : 312-554-5577

MLS ID:

12512665

Interior

• Laundry: None
• Basement: None

Exterior

• Parking: Parking spaces: 0

Location

• Road/Access: ConcretePavedCity StreetAlley Access
• Originating MLS: mred
• School District: 299
• County: Cook

Lot

• Zoning: 25212200230000

Utilities

• Utilities: Electric to SiteNatural Gas AvailableSewer ConnectedWater Available

Financial

• Source: mred
• Ownership: Fee Simple

This listing courtesy of Cassandra Jennings, Coldwell Banker Realty