5721 S State Street, Chicago IL 60621
- Size 0.37 acres
- Dimensions 15946
- Taxes $3,038
- Payment Estimate View Mortgage Calculator
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Property Description
This oversized city lot (approx. 15,946 sq ft) offers a rare opportunity for developers and investors to create something substantial in Chicago's Washington Park neighborhood. With nearly four times the size of a standard Chicago lot, this property provides maximum flexibility for residential or mixed-use development. Washington Park is experiencing growth and revitalization, supported by city investment, cultural institutions, and community development. This parcel presents an exceptional opportunity to build in a prime location with strong upside potential.
Features & Information
Key Details
- List Price $300,000
- Property Taxes $3,038
- Lot Size 0.37
- Lot Dimensions 15946
- Market Time 207
- Status Active
Schools
- Elementary School District 299
- Junior High District 299
- High School District: 299
Location
- County Cook
- Township Hyde Park
- Corporate Limits Chicago
- Directions to Property Take State To 5713-15 S State
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Property Taxes
- Tax $3,038
- Tax Year 2023
- Tax Exemptions None
- Parcel Identification Number 20151130100000
Listed by Sanina Ellison for Re-CHRG Inc | Source: MRED as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 9/23/2026 4:32 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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