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5715 S Calumet Avenue Chicago, IL 60637

$159,900
New / MLS# 12626614 / Land - Farm / Chicago
0 Beds

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.

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Baird & Warner David Schwartz Agent Cell: 224.392.1641 Email

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Estimated Payment

$ 756.22 per month $355.33 Principal & Interest $354.25 Property Tax $46.64 Homeowner's Insurance
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Property Details

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

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Home One Realty

Listing Office Phone: 708-214-6425



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