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Contingent
  • $250,000

    5165 S Michigan Ave, Chicago, IL 60615

    --beds
    --baths
    8,276.4Square Feet
    Unimproved Land
    Built in ----
    8,276.4 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Attention residential developers! Don't miss this exceptional opportunity to acquire a 0.19-acre lot in Chicago's thriving Washington Park neighborhood. Located at 5165 S Michigan Ave, this RM-5 zoned lot offers flexibility for various residential projects in an area experiencing rapid revitalization. With ample space to build an 8-unit residential building or two 4-unit buildings, this site presents a fantastic investment in a neighborhood seeing a surge in new construction. The property's prime location on Michigan Ave places it near key amenities, including Washington Park, Provident Hospital, and major transit routes, making it highly attractive to future residents. Whether you envision a boutique condo development or a rental property, the potential for strong returns is undeniable. With ongoing redevelopment efforts in the area, this lot is perfectly positioned for a profitable project-secure your stake in Washington Park's transformation today!
    58 days
    on Zillow
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    12
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: April 24, 2025 at 08:04pm

    Listing courtesy of:

    Michael Applegate 708-743-0043,

    Straight-A Realty, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12322600MLS Logo
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    Facts & features

    Property

    Features
    • Frontage length: 52
    Lot
    • Size: 8,276.4 Square Feet
    • Dimensions: 52X161
    Details
    • Parcel number: 20103020130000
    • Zoning: MULTI
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Electricity Nearby, Natural Gas Nearby

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $142,320
    • Annual tax amount: $3,012
    • Date on market: 3/27/2025
    • Ownership: Fee Simple
    • Road surface type: Asphalt
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