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$38,500
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Property Description
Vacant residential lot located in the Greater Grand Crossing neighborhood of Chicago. This parcel offers an opportunity for new construction in an established residential area with nearby homes and city infrastructure in place. Conveniently situated near Stony Island Avenue with access to public transportation, parks, schools, and neighborhood amenities. Buyer to verify zoning, permitted uses, utilities, and development requirements. Drive by and envision the possibilities.
Full Property Details
Full Property Details for 1401 E 71st Pl
General
- Price: $38,500
- Taxes: $338 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12549354
- Updated: 3/23/2026
- Added to Site: 89 day(s) ago
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: 71st St to Stony Island Ave, south to 71st Pl, west to property.
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Water: Municipal Water
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Structural Information
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Frontage Feet: 25
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $338
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20262060530000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 1401 E 71st Pl
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Madison Elementary School, Chicago, IL 7433 South Dorchester Avenue, Chicago, IL 60619 | K-8 | 0.3 mi |
South Shore Intl Col Prep High School 1955 East 75th Street, Chicago, IL 60649 | 12- | 0.9 mi |
Chicago Vocational Career Academy High School 2100 East 87th Street, Chicago, IL 60617 | 9-11 | 2.1 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 1401 E 71st Pl
Date
Details
Price
Change
Source
3/17/2026
Price Reduced
$38,500
-3.75%
MLS
1/17/2026
Listed
$40,000
-89.07%
MLS
7/01/2011
Sold
$366,000
—
Public Record
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
Tax History for 1401 E 71st Pl
Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,498
5%
$42,379
—
2022
$10,993
2%
$42,379
—
2021
$10,734
-23%
$42,379
-17%
2020
$14,009
10%
$50,891
—
2019
$12,734
2%
$50,891
—
2018
$12,441
2%
$50,891
10%
2017
$12,174
8%
$46,140
—
2016
$11,290
10%
$46,140
—
2015
$10,267
7%
$46,140
7%
2014
$9,625
1%
$43,008
—
2013
$9,517
—
$43,008
—
2012
$9,477
—
$43,008
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1401 E 71st Pl
1401 E 71st Place, Chicago, IL 60619 (MLS# 12549354) is a Lots/Land property with a lot size of acres. 1401 E 71st Place is currently listed for $38,500 and was received on January 17, 2026. This property is listed by Newell Broadway from our Gold Coast Office.Want to learn more about 1401 E 71st Place? Do you have questions about finding other Lots/Land real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.


