5816 South Wabash, Chicago IL 60637
$90,000

Property Description

Excellent development opportunity in HOT Washington Park neighborhood! Oversized 26x161 vacant lot sozed RT-4. Convenient public transportation with easy access to 90/94, University of Chicago Greenline Performing Arts Center, Artist Residences apartment complex, Park Supper Club, XS Tennis, and more! Washington Park has recently been rediscovered. This is a great opportunity to build in an up-and-coming flourishing community!!

Features & Information

Key Details

  • List Price $90,000
  • Property Taxes $1,515.68
  • Acreage 0.09
  • Lot Dimensions 26 X 161
  • Status Active

Schools

  • Elementary School District 299
  • Junior High District 299
  • High School District: 299

Location

  • General Information None
  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property South On Wabash To Property
  • Property Taxes

  • Tax $1,515.68
  • Tax Year 2023
  • Tax Exemptions None
  • Parcel Identification Number 20151190240000

Listed by: @properties Christie's International Real Estate | Phone: 773.472.0200
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 9/16/2025 5:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Explore Washington Park

For now Chicago's Washington Park neighborhood may be a predominantly residential south side community with a sprawling public park and rich culture of African-American heritage, however, as the potential site of the Olympic Stadium for the 2016 Summer Games, this modest neighborhood could really make its mark in the near future. Remnants of the last century's architectural movement are found throughout the area, with a wave of new designs and gut rehabs dusting the streets as well. As Olympic talk heightens, developers and city officials are anticipating the impact such a huge event would have on Washington Park. Temporary athlete lodgings and the massive 80,000-seat arena would only be around for a short period, but the hope is that a surge of new businesses would ride in on the coattails of this once-in-a-lifetime opportunity to bolster the Washington Park neighborhood for decades to come. The current commercial base is slight, with a few soul food mainstays and Chinese takeout, but the annual cultural festivals and fun Park District programs keep things on the up as Washington Park awaits an impending transformation of Olympic proportions.

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