Property Description

Prime Development Opportunity - Rare 100' x 160' oversized lot zoned RM-5 with strong multifamily density potential. Property is part of a multi lot scattered-site portfolio in the Washington Park/West Woodlawn corridor, available individually or as a package. Ideal for developers seeking scale, flexibility, and a clear path to execution. Builder and contractor team in place. Sold as-is, where-is. Preliminary plans are conceptual only and not approved by the City of Chicago. Seller makes no representations or warranties; buyer responsible for all due diligence, zoning verification, and approvals.

Features & Information

Key Details

List Price $179,900
Property Taxes $2,896
Lot Dimensions 100x 160
Status New

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 West On Garfield Blvd, Turn Right Onto S Prairie Av

Property Taxes
Tax $2,896
Tax Year 2023
Parcel Identification Number 20153040100000

Listed by: Home One Realty | Phone: 708.214.6425
Source: MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/25/2026 6:32 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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