5120 South Indiana, Chicago IL 60615
$108,000

Property Description

Great opportunity to build in Washington Park. This deep 25' x 162' vacant lot is zoned RM-5, allowing for multi-unit development or a single family home. Please note, this offering includes only the north 25 feet of the vacant space, the adjacent south portion is city-owned land. A solid option for anyone looking to build in a vibrant, growing neighborhood.

Features & Information

Key Details

  • List Price $108,000
  • Property Taxes $2,926.85
  • Lot Dimensions 25x162
  • Status Contingent

Schools

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

Location

  • General Information Commuter Bus,Commuter Train,Interstate Access
  • County Cook
  • Township Hyde Park
  • Corporate Limits Chicago
  • Directions to Property 53rd St To Indiana Ave, N To Property
  • Property Taxes

  • Tax $2,926.85
  • Tax Year 2024
  • Parcel Identification Number 20103020190000

Listed by: Coldwell Banker Realty | Phone: 773.451.1200
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 3/14/2026 9:02 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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