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$460,000
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Property Description
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
Full Property Details for 1140 N Chicago
General
- Sold For: $460,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW25253577
- Added to Site: 280 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 Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $444.02
- Price Per Unit: 277500
Listed and Sold by Ally Commercial Real Estate, Rickird Rey Ramirez
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Schools
Schools serving 1140 N Chicago
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Sheridan Street Elementary School 416 Cornwell Street, Los Angeles, CA 90033 | PK-6 | 0.5 mi |
El Sereno Middle School 2839 N. E.ern Ave., Los Angeles, CA 90032 | 6-8 | 2.2 mi |
Abraham Lincoln Senior High School 3501 N. BRd.way, Los Angeles, CA 90031 | 9-12 | 1.2 mi |
Woodrow Wilson Senior High School 4500 Multnomah Street, Los Angeles, CA 90032 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1140 N Chicago
Date
Details
Price
Change
Source
7/10/2026
Sold
$460,000
-17.12%
MLS
11/14/2025
Price Reduced
$555,000
-3.48%
MLS
11/04/2025
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1140 N Chicago, Los Angeles, CA 90033 (MLS# DW25253577) is a Multi-Family property that was sold at $460,000 on July 10, 2026. 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.

