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$ 140,000
Est. payment /mo
New
6659 S Greenwood AVE Chicago, IL 60637
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12544822
Annual Tax Amount $1,536
Tax Year 2024
Lot Dimensions 48.9x125.7x49x125.7
Property Sub-Type Land
Property Description
Located in both a Federal Opportunity Zone and a Federal Enterprise Zone (providing incredible tax benefits to a developer) this +/- 6,150 SF, RM-5, CORNER, vacant lot is a rare chance to acquire a shovel-ready development site that comes with approved RM-5 zoning and fully drawn plans for an 8-unit, 4-story building. This saves a small fortune in architectural and development costs! It will, also, save a builder/developer 6 to 12 months in entitlement and permitting time. Located directly across from the Oak Wood Cemetery entrance (providing a great view south overlooking the beautiful administrative building and lawn) and 1/2 block to the highly ranked Wadsworth Stem Elementary school. Also, within walking distance of the 63rd & Cottage Grove "EL" stop, the University of Chicago and Jackson Park, this site is well located in this high-demand rental and sales market. The seller is offering full architectural designs to serious buyers, giving you a valuable head start toward bringing this project to life. Don't miss this time-saving, development ready, tax assisted opportunity.
Location
State IL
County Cook
Area Chi - Woodlawn
Zoning OTHER
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby, Water Nearby
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bruce Heller of Coldwell Banker Realty
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