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$555,000

  • For Sale
  • Active
  • Multi-Family
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This prime 5,758 sq ft covered land on Chicago St North, Los Angeles, presents a rare opportunity for developers, investors, and/or owner-users. Situated in a high-demand area, the property offers strong development potential in a rapidly growing neighborhood. Property is currently occupied with low paying tenants. Lot does have alley access. Located right across the the street from USC Health Sciences Campus and the Los Angeles General Medical Center in the East LA/Boyle Heights submarket. The site benefits from excellent accessibility right outside DTLA. Its strategic position, now amplified with being in the new SB 79 Tier-2 zone should allow for considerable more density on the site, buyer to verify.

Full Property Details for 1140 N Chicago

General

  • Price: $555,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: DW25253577
  • Updated: 11/14/2025
  • Days on Market: 74 days
  • Added to Site: 74 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Location

  • Area: 677 - Lincoln Hts
  • County: Los Angeles
  • Development Name: 677 - Lincoln Hts
  • Driving Directions: On the East Side of N Chicago St between Charlotte St to the North and Marengo St to the South

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 2
  • # Electric Meters: 2

Structural Information

  • Entry Location: Off Sidewalk
  • Stories/Levels: One
  • Stories Description: One
  • Square Feet: 1,036
  • Year Built: 1923

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.1322
  • Lot Size (Sq. Ft.): 5,758
  • Lot Size Source: Assessor
  • Lot Description: 2-5 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $535.71
  • Price Per Unit: 277500

Listed by Ally Commercial Real Estate, Rickird Rey Ramirez

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Listing agent

— 1140 N Chicago —

  • Rickird Rey Ramirez

    Ally Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1140 N Chicago

School District:Los Angeles Unified School District
NameGradesDistance
Sheridan Street Elementary School
416 Cornwell Street, Los Angeles, CA 90033
PK-60.5 mi
El Sereno Middle School
2839 N. E.ern Ave., Los Angeles, CA 90032
6-82.2 mi
Abraham Lincoln Senior High School
3501 N. BRd.way, Los Angeles, CA 90031
9-121.2 mi
Woodrow Wilson Senior High School
4500 Multnomah Street, Los Angeles, CA 90032
9-121.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1140 N Chicago Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/14/2025
Price Reduced
$555,000
-3.48%
MLS
11/04/2025
Listed
$575,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1140 N Chicago

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,035
3%
$568,681
4%
2023
$6,843
5%
$546,601
2%
2022
$6,528
1%
$535,884
2%
2021
$6,448
-1%
$525,377
1%
2020
$6,512
4%
$519,991
2%
2019
$6,258
1%
$509,796
2%
2018
$6,171
1073%
$499,800
1669%
2017
$526
4%
$28,255
2%
2016
$504
1%
$27,702
2%
2015
$499
-3%
$27,287
2%
2014
$516
—
$26,753
—
2013
$516
—
$26,633
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Ally Commercial Real Estate, Rickird Rey Ramirez

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1140 N Chicago, Los Angeles, CA 90033 (MLS# DW25253577) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 1140 N Chicago is currently listed for $555,000 and was received on November 04, 2025. Want to learn more about 1140 N Chicago? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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