$134,900

7125 W 74th St Chicago, IL 60638

Land

Property details

About 7125 W 74th St

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. The central location provides excellent accessibility while being close to shopping, dining, and other amenities. Don't miss this chance to capitalize on a rare opportunity in today's low-inventory market. The possibilities are endless!

Highlights

Home typeVacant Land
StatusActive
MLS #12212699

Summary

  • List Price: $134,900
  • Annual Tax Amount: $1,020
  • Tax Year: 2022
  • Directions: Harlem to 74th St. East to land
  • MLS Number: 12212699
  • MLS Name: MRED
  • Office Name: Baird & Warner
  • Office Phone: (708) 491-4155
  • Listing Agent: Dana Woods

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7125 W 74th St, Chicago, IL 60638

$134,900

7125 W 74th St

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Price information

Property sales

DateEventPrice
Jun 27, 2023
Home Sold
$62,500
Sep 27, 2013
Home Sold
$29,000

Tax history

YearAssessmentProperty Tax
2022$3,015$1,020
2021$3,015$969
2020$4,703$1,463
2019$16,598$5,211
2018$4,071$1,246
2017$16,598$4,950

History based on county public records data.

Nearby schools

6

Bridgeview Elementary School

Public District KG-6

0.7 mi

7800 S Thomas Ave

4

Robina Lyle Elementary School

Public District KG-6

0.8 mi

7801 W 75th St

2

Rosa G. Maddock Elementary School

Public District KG-5

1.1 mi

8258 Sayre Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $38,395. The most common annual income of people living in Chicago, IL is less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

48%
<35k
40%
35k-100k
12%
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?

43%
Single, No Kids
7%
Single, with Kids
27%
Married, No Kids
23%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
24%
18-34 yrs old
40%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Hiking/backpackingHiking/backpacking
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • ChipotleChipotle
  • Golden CorralGolden Corral

What do the neighbors drive?

  • OldsmobileOldsmobile
  • MazdaMazda
  • KiaKia

What do the neighbors listen to?

  • NewsNews
  • RockRock
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Chicago, IL

Chicago's transportation infrastructure is comprehensive, featuring an extensive public transit system operated by the Chicago Transit Authority (CTA), which includes buses and the 'L' train system with frequent service across multiple lines. The city is also served by Metra commuter rail and the Pace suburban bus service. While the downtown area is highly walkable, the city's bike-sharing program and dedicated bike lanes cater to cyclists. Major highways such as the Dan Ryan, Kennedy, and Eisenhower expressways facilitate travel in and out of the city. Ongoing projects aim to improve the efficiency and accessibility of the city's transportation network.

The city is equipped with an extensive array of services, including a robust public school system with over 600 schools, numerous private and charter schools, and several institutions of higher education. Healthcare is readily accessible with multiple hospitals and clinics dispersed throughout the city, providing a range of services from emergency care to specialized treatments. Chicago's public library system is one of the largest in the country, and the city's retail and dining landscape reflects its diverse population, with everything from high-end boutiques to family-owned eateries.

Chicago is celebrated for its vibrant cultural scene, with numerous festivals throughout the year, including the Taste of Chicago and the Chicago Jazz Festival. The city prides itself on its rich history, world-class museums, and a dynamic arts community. Neighborhoods each have their own unique character, from the artistic vibes of Pilsen to the bustling streets of River North. The city's waterfront location along Lake Michigan also contributes to its distinct appeal, offering residents and visitors alike picturesque views and ample recreational opportunities.

Chicago's housing market is diverse, offering a mix of high-rise apartments, classic brownstones, and spacious single-family homes. The architectural landscape is a blend of historic buildings with modern and contemporary designs. High-rise apartments and condos are particularly prevalent in areas like The Loop and along the lakefront, while neighborhoods such as Lincoln Park and Wicker Park feature charming brownstones and vintage walk-ups. Single-family homes are more common in the city's outskirts, with a homeownership rate around 44%, reflecting a balance between owners and renters in the city.

About 7125 W 74th St

The listing price of 7125 W 74th St property is $134,900.

The property 7125 W 74th St is land located in Chicago, Illinois, 60638.

Active Listing: 7125 W 74th St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7125 W 74th St are: Bridgeview Elementary School (GreatSchools Rating 6/10), Robina Lyle Elementary School (GreatSchools Rating 4/10), Rosa G. Maddock Elementary School (GreatSchools Rating 2/10), Dore Elementary School (GreatSchools Rating 6/10), Dr Donald Wharton Elementary School (GreatSchools Rating 7/10), Geo T Wilkins Jr High School (GreatSchools Rating 7/10), Argo Community High School (GreatSchools Rating 5/10), Reavis High School (GreatSchools Rating 4/10), Kennedy High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2022 is $1,020 (source: MLS/based on county public records data).

The last sale was on June 27, 2023 for $62,500 (source: MLS/tax record).

This home is located at 7125 W 74th St in Chicago, IL and zip code 60638. Features: 0 bathroom. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $134,900.

While more than 1048 listings in Chicago, IL in May 2025 were sold above asking price, there were more than 390 listings sold at asking price, and more than 906 were sold below. The number of listings in Chicago, IL increased by 13.6% between April and May 2025. In May 2025, listings were on the market for 26 days. During the same period, the median list price in this real estate market was $376,030.

From Rocket Homes Real Estate and based on county public records data.

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