#12290495, Nicholas Ohr, Listing Office: Avenue 1 Realty Group
Property details
About 7018 S Stony Island Ave
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.
Highlights
Home typeVacant Land
StatusActive
(New)
(New)
MLS #12346444
Summary
- List Price: $1,000,000
- Annual Tax Amount: $9,011
- Tax Year: 2022
- Directions: Lake Shore Drive to Marquette Rd, east to Stony Island, south to site
- MLS Number: 12346444
- MLS Name: MRED
- Office Name: Chicagoland Brokers, Inc.
- Office Phone: (773) 745-1000
- Listing Agent: Maria Ovallos
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$1,000,000
7018 S Stony Island Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 16, 2005 | Home Sold | $500,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $34,740 | $9,011 |
| 2021 | $34,740 | $8,798 |
| 2020 | $31,050 | $8,547 |
| 2019 | $31,050 | $7,769 |
| 2018 | $31,050 | $7,590 |
| 2017 | $33,724 | $8,898 |
History based on county public records data.
Nearby schools
7
Woodlawn Elementary Community School
Public District PK-6
0.6 mi
•6657 S Kimbark Ave
6
Brownell Elementary School
Public District PK-6
1.8 mi
•6741 S Michigan Ave
4
Pirie Fine Arts and Academic Center Elementary School
Public District KG-6
2.1 mi
•650 E 85th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,750. Typical income of Chicago, IL residents is less than $<35k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
45%
<35k
42%
35k-100k
13%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
55%
Single, No Kids
33%
Single, with Kids
9%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 7018 S Stony Island Ave
The listing price of 7018 S Stony Island Ave property is $1,000,000.
The property 7018 S Stony Island Ave is land located in Chicago, Illinois, 60649.
Active Listing: 7018 S Stony Island Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 7018 S Stony Island Ave are: Woodlawn Elementary Community School (GreatSchools Rating 7/10), Brownell Elementary School (GreatSchools Rating 6/10), Pirie Fine Arts and Academic Center Elementary School (GreatSchools Rating 4/10), South Shore Fine Arts Elementary School (GreatSchools Rating 6/10), Parkside Elementary Community Academy (GreatSchools Rating 5/10), Madison Elementary School (GreatSchools Rating 5/10), South Shore International College Prep High School (GreatSchools Rating 5/10), Noble St Charter-Comer College Preparatory (GreatSchools Rating 5/10), Hyde Park Academy High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2022 is $9,011 (source: MLS/based on county public records data).
The last sale was on May 16, 2005 for $500,000 (source: MLS/tax record).
This home is located at 7018 S Stony Island Ave in Chicago, IL and zip code 60649 in the South Shore neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 27, 2025 and is currently priced at $1,000,000.
While more than 901 listings in Chicago, IL in April 2025 were sold above asking price, there were more than 351 listings sold at asking price, and more than 879 were sold below. The inventory of homes for sale in Chicago, IL between March and April 2025 increased by 19.8%. Listings spent 31 days on the market in April 2025, and had a median list price of $374,309 during the same period.
From Rocket Homes Real Estate and based on county public records data.