Date
Details
Price
Change
Source
10/16/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/30
$1,500,000
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Property Description
Prime Commercial Lots for Sale 7018 & 7022 Stony Island Ave High-Traffic on Stony Island Near 71st Street. These two adjacent commercial lots are located directly on Stony Island Avenue-one of the busiest corridors in the Chicago metro area-offering unmatched exposure, accessibility, and investment potential. Just minutes from the upcoming Obama Presidential Center and Positioned right across from Dunkin', gas station, Starbucks, major grocery stores, and strong retail synergy with national brands nearby, this location offers constant foot and vehicle traffic all day long. Direct access from CTA bus stop at the front and walking distance to the METRA station. It's surrounded by a mix of thriving service businesses and sits within a stable, high-density residential community. Whether you're a developer, investor, or business owner, this is a rare opportunity to secure land in a proven retail destination with built-in demand and long-term growth potential. Zoning C1-2. Total 16,100 sqft. Both lots are sold as a package.
Full Property Details
Full Property Details for 7018 S Stony Island Ave
General
- Price: $1,500,000
- Taxes: $10,627 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12497222
- Updated: 10/22/2025
- Added to Site: 93 day(s) ago
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: Lake Shore Drive to Marquette Rd, east to Stony Island, south to site
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Water Nearby
Structural Information
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 12,075
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 50 x 241.5
- Frontage: City Street
- Frontage Feet: 50
- Street/Road Desc.: None
- Zoning: COMMR
Financial Considerations
- Tax Amount: $10,627.1
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20234240490000
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Schools
Schools serving 7018 S Stony Island Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Wadsworth PreK-8th STEM School 6650 South Ellis Avenue, Chicago, IL 60637 | PK-8 | 0.9 mi |
Hyde Park Academy High School 6220 South Stony Island Avenue, Chicago, IL 60637 | 9-12 | 1 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 7018 S Stony Island Ave
Tax History
Tax History for 7018 S Stony Island Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,426
5%
$34,740
—
2022
$9,011
2%
$34,740
—
2021
$8,799
3%
$34,740
12%
2020
$8,547
10%
$31,050
—
2019
$7,769
2%
$31,050
—
2018
$7,590
-15%
$31,050
-8%
2017
$8,898
8%
$33,724
—
2016
$8,252
10%
$33,724
—
2015
$7,504
-1%
$33,724
—
2014
$7,547
1%
$33,724
—
2013
$7,462
—
$33,724
—
2012
$7,431
—
$33,724
—
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 7018 S Stony Island Ave
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,381Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 1,110Sq. Ft.
- Condo / Townhouse
- Active
- Updated 4 days ago
- 2Beds
- 1Total Bath
- 1,100Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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- Single Family
- Closed
- Updated 2 days ago
- 5Beds
- 4Total Baths
- 3,200Sq. Ft.
7018 S Stony Island Avenue, Chicago, IL 60649 (MLS# 12497222) is a Lots/Land property with a lot size of acres. 7018 S Stony Island Avenue is currently listed for $1,500,000 and was received on October 16, 2025. Want to learn more about 7018 S Stony Island Avenue? 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.