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532 E 61st Street, Chicago, IL 60637

Chicago
Local realty services provided by:CENTURY 21 North East
532 E 61st Street,Chicago, IL 60637
$295,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: wayne beals
Office: exit strategy realty / ema management
MLS#:12454210
Source:MLSNI

Price summary

  • Price:$295,000

About this home

Prime Development Opportunity in rapidly redeveloping Woodlawn at 532-536 E. 61st St. Exceptional opportunity to acquire a large corner lot (approx. 19,175 sq. ft.), with 156 Feet of Frontage on 61st Street and 125 Feet on Rhodes, just steps from 383-acre Washington Park, and less than half a mile from the University of Chicago. With a Minimum Lot Area/Per Unit of 2,500 sq. ft. and current B2-1 zoning, the site is ideally suited for development. Per the City of Chicago Zoning Code: "17-3-0103-B The B2 district permits residential dwelling units on or above the ground floor." This zoning flexibility makes the property especially attractive for development. The seller is also offering a second large corner site at this intersection (MLS #12454285), presenting a rare chance to acquire two prime development parcels in one of Chicago's most dynamic growth corridors. Highlights & Neighborhood Advantages: Excellent proximity to the University of Chicago South Campus and to the Obama...

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Home facts

  • Listing ID #:12454210
  • Updated:June 17, 2026 at 11:02 AM

Finances and disclosures

  • Price:$295,000
  • Tax amount:$5,074 (2023)

Parking

  • Parking description:Off Alley
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Nate Brown

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