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$ 120,000
Est. payment /mo
Active
6413 S Drexel AVE Chicago, IL 60637
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12590214
Annual Tax Amount $1,759
Tax Year 2023
Lot Dimensions 25 x 125
Property Sub-Type Land
Property Description
Adjacent lots also available: 6415 Drexel (also permitted for multi-family), 6411 Drexel & 6409 Drexel. Seize a premier development opportunity in the heart of Woodlawn, a high-velocity Chicago neighborhood experiencing a profound renaissance driven by massive institutional investment and the upcoming Obama Presidential Center. This prime, buildable lot offers a blank canvas for a luxury custom home or a high-density multi-unit project, perfectly positioned within walking distance of the University of Chicago, Jackson Park, and the lakefront. With the area's favorable zoning and a surge in new construction velocity, this shovel-ready site allows you to capitalize on the growing demand for modern housing in a strategically located corridor. Bring your architect and your vision to one of the city's most watched markets, where rapid appreciation and urban energy create the ideal foundation for a design-forward rental asset or a high-end portfolio addition. While the information provided is deemed reliable, it is not guaranteed and all buyers are responsible for independently verifying zoning, lot dimensions, and all other property data with the appropriate professionals.
Location
State IL
County Cook
Area Chi - Woodlawn
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Karen Fedyk of Baird & Warner
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