Property Description

Prime development opportunity in the heart of Woodlawn! This 6,098 SF corner lot is zoned RM-5, permitting medium- to high-density apartment buildings, as well as two-flats, townhomes, and single-family homes. Located just minutes from the University of Chicago, Jackson Park, and the upcoming Obama Presidential Center, this property sits in a high-demand area ideal for both rental and resale projects. The seller is including architectural drawings and permits, offering a valuable head start to developers and investors ready to bring their next project to life. Permits included-start building immediately!

Features & Information

Key Details

List Price $250,000
Property Taxes $1,420
Acreage 0.14
Lot Dimensions 48.40x125.85x49x125.85
Status Active

Schools

Elementary School District 299
School Name Wadsworth Elementary Scho
Junior High District 299
School Name Wadsworth Elementary Scho
High School District: 299
School Name Hyde Park Career Academy

Location

General Information None
County Cook
Township South Chicago
Corporate Limits Chicago
Directions to Property From 63rd St, Head East To Greenwood Ave, Then South To Property.

Property Taxes
Tax $1,420
Tax Year 2023
Parcel Identification Number 20231250110000

Listed by: Legacy Properties, A Sarah Leonard Company, LLC | Phone: 224.999.9100
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/24/2025 10:32 AM. 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 Woodlawn

This south side Chicago neighborhood is home to an idyllic golf course, two yacht clubs and a lovely public beach. Woodlawn's residents enjoy a community conveniently located near recreational parks, the scenic lakefront, and the bustling University of Chicago campus. The area has all types of real estate where folks from all walks of life happily make their home. Affordable detached houses with private yards and their own garage give families enough room to grow, and condominiums are great properties for students, couples and young families just starting out. A number of schools and academies are situated in Woodlawn, giving homeowners plenty of options for their children's education, without straying too far from home.

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