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$199,000

  • For Sale
  • Active
  • Lots/Land
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Prime location +/- 9,375 square foot vacant lot in a densely populated area in Chicago's Avalon Park business district. 75 square feet frontage on busy Stony Island with 47,000 traffic count, just off the southwest corner of 83rd St and Stony Island Ave. Lot dimensions are approximately (75' x 125'). Zoned B3-2 which allows for a variety of uses, retail, commercial use, mixed use building, This location is surrounded by national & regional retailers, in the heart of the business & shopping district. Just minutes south of the Obama Presidential Library currently under construction. Excellent location in a busy area. Three Pin numbers 28,29 & 30, 8314,8316 & 8317

Full Property Details for 8314 S Stony Island Ave

General

  • Price: $199,000
  • Taxes: $3,866 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12590150
  • Updated: 3/17/2026
  • Added to Site: 22 day(s) ago

Additional Information

  • Other Features: Commuter Bus

Location

  • Area: CHI - Avalon Park
  • County: Cook
  • Township: Hyde Park
  • Driving Directions: Stony Island North or South To Address. Site is next to the Station on 83rd St

School Information

  • School District: 299
  • Elem School District: 299
  • Midd School District: 299
  • High School District: 299

Utilities

  • Sewer: Storm Sewer
  • Water: Municipal Water
  • Onsite: Electricity to Site, Sewer Connected

Lot Features

  • Lot Size (Sq. Ft.): 9,375
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 75 x 125
  • Frontage: City Street
  • Frontage Feet: 75
  • Street/Road Desc.: Asphalt
  • Potential Use: Commercial, Multi-Family, Retail
  • Zoning: COMMR

Financial Considerations

  • Tax Amount: $3,866.46
  • Tax Year: 2024
  • Pays Sewer: Storm Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 20354030280000

Listed by Infiniti Properties, Inc.

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— 8314 S Stony Island Ave —

  • Infiniti Properties, Inc.

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 8314 S Stony Island Ave

School District:Chicago Public School District 299
NameGradesDistance
Caldwell Elementary Academy Of Math & Sci
8546 South Cregier Avenue, Chicago, IL 60617
6-80.4 mi
Mcdowell Elementary School
1419 East 89th Street, Chicago, IL 60619
K-50.8 mi
Chicago Vocational Career Academy High School
2100 East 87th Street, Chicago, IL 60617
9-110.8 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 8314 S Stony Island Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/11/2026
Listed
$199,000
165.33%
MLS
7/06/2004
Sold
$75,000
—
Public Record
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 8314 S Stony Island Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$698
3%
$2,812
—
2022
$677
1%
$2,812
—
2021
$667
-9%
$2,812
—
2020
$729
11%
$2,812
—
2019
$655
2%
$2,812
—
2018
$644
12%
$2,812
20%
2017
$576
8%
$2,343
—
2016
$535
8%
$2,343
—
2015
$497
-1%
$2,343
—
2014
$503
1%
$2,343
—
2013
$498
2%
$2,343
—
2012
$490
—
$2,343
—
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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Listed by Infiniti Properties, Inc.

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8314 S Stony Island Avenue, Chicago, IL 60617 (MLS# 12590150) is a Lots/Land property with a lot size of 0 acres. 8314 S Stony Island Avenue is currently listed for $199,000 and was received on March 11, 2026. Want to learn more about 8314 S Stony Island Avenue? Do you have questions about finding other Lots/Land real estate for sale in Avalon Park? You can browse all Avalon Park real estate or contact a Coldwell Banker agent to request more information.

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