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5715 S Calumet Avenue , Chicago, IL 60637

$159,900
  • 5715 S Calumet Avenue , Chicago, IL 60637 Main Photo

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New to the Market New
LOT SIZE 0.270 acres MLS#12626614
STATUSNew PROPERTY TYPELand - Farm SCHOOLDistrict 299

Property Description

Multi Site Portfolio Opportunity - This lot is a Prime RM-5 Development Opportunity - Oversized 66' x 178' (11,748 SF) cleared lot with no demolition required. Offering strong multifamily density potential. Preliminary plans drafted for two (2) 3-story buildings totaling 12 units (plans not approved). Ideal for developers-build as designed or maximize density under current zoning. Builder available to assist with any full design/build execution. Sold as-is, where-is. Buyer to verify zoning, plans, and approvals. Portfolio / Opportunity: This Property is part of a multi-lot scattered-site portfolio across the Washington Park and West Woodlawn neighborhoods. Preliminary planning and diligence completed for a proposed 33-unit multifamily scattered site development (plans not approved). Ideal for investors seeking scale in a rapidly developing corridor, with flexibility to execute the current concept or optimize density. Builder and contractor team in place for streamlined execution.

5715 S Calumet Avenue | MLS# 12626614

This land located at 5715 S Calumet Avenue , Chicago, IL 60637 is currently listed for sale with an asking price of $159,900. The property has approximately 0.27 Acres. S Calumet Avenue is located within the District 299 school district. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Land - Farm
Lot Size: 0.27 Acres
Taxes: $4,251

Feature Descriptions

Current Use: Agricultural
Frontage: 66
Frontage Type: City Street
Lot Dimensions: 66X170
Parcel#: 20151180040000
Possible Use: Multi-Family
Road Surface: Other
Township: South Chicago
Utilities: None

Local Schools

School District: District 299

Listed By / Shown By

Listed By

Agency Name: Home One Realty
Agency Phone: 708-214-6425

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,127.20 per month $726.32 Principal & Interest $354.25 Property Tax $46.64 Homeowner's Insurance

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