Mortgage News

If you see the term, “Standard Chicago Lot”, on listings and don’t know what it means, you’re not alone. In fact, a lot Chicago listing agents don’t know what it means either!

In a very non-scientific test yesterday, I picked 3 areas of Chicago and searched for listings with a lot size of Standard Chicago Lot. I went through the first 50 listings noting the lot dimension for these homes with Standard Chicago Lots. (I really do have a life, but one of my pet peeves is listings where the lot size (e.g. 0.25 to 0.50 acres) isn’t supported by the lot dimensions. (e.g. 85×150). )

Here are all the different lot dimensions I found:

22×50 (This must be a REALLY SMALL house! )
24×125
25×107
25×108.08
25×116
25×120
25×123
25×124
25×125
25×128
25×150
29×50
30X115.65X41.96X85.78 (I’m pretty sure this isn’t any kind of standard lot! )
30×125
35×115
43×103
50×175
56×47
62×26
66.50×28

Out of 50 listings with a lot size of Standard Chicago Lot size, only half of them had the correct dimensions, 25×125! Now you know something that many Chicago listing agents don’t!