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$129,999 Just Listed
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Property Description
Builder's Dream - Prime Investment Opportunity Attention builders and investors! This 50x125 lot, featuring a 2-car garage, is ready for your next project. Located in a highly desirable area with low taxes, this property is perfect for new construction or redevelopment. Situated just one block off Harlem Avenue, this lot offers unparalleled convenience with easy access to major expressways, including I-55 and I-294. New construction developing in the area, ACT NOW! The possibilities are endless!
Full Property Details
Full Property Details for 7125 W 74th St
General
- Price: $129,999
- Taxes: $1,021 (2022)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12575631
- Updated: 2/23/2026
- Added to Site: 2 day(s) ago
Location
- Area: CHI - Clearing
- County: Cook
- Township: Stickney
- Driving Directions: Harlem to 74th St. East to land
School Information
- School District: 111
- Elem School District: 111
- Midd School District: 111
- High School District: 111
Utilities
- Onsite: Electricity Nearby, Natural Gas Available
Structural Information
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 125
- Frontage: City Street
- Frontage Feet: 50
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,021
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 19301120040000
Listed by Realty of America, LLC
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Schools
Schools serving 7125 W 74th St
School Districts:Burbank School District 111, Reavis Township High School District 220
| Name | Grades | Distance |
|---|---|---|
J B Kennedy Elementary School 7644 Central Avenue, Burbank, IL 60459 | K-5 | 1.9 mi |
Liberty Junior High School, Burbank, IL 5900 West 81st Street, Burbank, IL 60459 | 6-8 | 1.8 mi |
Reavis High School 6034 West 77th Street, Burbank, IL 60459 | 9-12 | 1.5 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 7125 W 74th St
Date
Details
Price
Change
Source
2/23/2026
Listed
$129,999
108%
MLS
6/21/2023
Sold
$62,500
—
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 7125 W 74th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$830
-19%
$3,015
—
2022
$1,021
5%
$3,015
—
2021
$969
-34%
$3,015
-36%
2020
$1,464
-72%
$4,703
-72%
2019
$5,211
318%
$16,598
308%
2018
$1,246
-75%
$4,071
-75%
2017
$4,951
8%
$16,598
13%
2016
$4,595
4%
$14,728
—
2015
$4,434
3%
$14,728
—
2014
$4,310
26%
$14,728
-4%
2013
$3,414
3%
$15,332
—
2012
$3,314
—
$15,332
—
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 7125 W 74th St
7125 W 74th Street, Chicago, IL 60638 (MLS# 12575631) is a Lots/Land property with a lot size of acres. 7125 W 74th Street is currently listed for $129,999 and was received on February 23, 2026. Want to learn more about 7125 W 74th Street? Do you have questions about finding other Lots/Land real estate for sale in Clearing? You can browse all Clearing real estate or contact a Coldwell Banker agent to request more information.

