$250,000

5165 S Michigan Avenue

Chicago, Illinois 60615

Contingent / MLS #12322600 / Vacant Land / Washington Park

Listing information updated 3/27/2025 at 9:23am

Attention residential developers! Don't miss this exceptional opportunity to acquire a 0.19-acre lot in Chicago's thriving Washington Park neighborhood. Located at 5165 S Michigan Ave, this RM-5 zoned lot offers flexibility for various residential projects in an area experiencing rapid revitalization. With ample space to build an 8-unit residential building or two 4-unit buildings, this site presents a fantastic investment in a neighborhood seeing a surge in new construction. The property's prime location on Michigan Ave places it near key amenities, including Washington Park, Provident Hospital, and major transit routes, making it highly attractive to future residents. Whether you envision a boutique condo development or a rental property, the potential for strong returns is undeniable. With ongoing redevelopment efforts in the area, this lot is perfectly positioned for a profitable project-secure your stake in Washington Park's transformation today!

Full Features

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Acreage:

0.19

Taxes & Assessments

Tax Amount:

$3,012

Tax Year:

2023

Location

Zip Code:

60615

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Full Features Taxes & Assessments Location Schools

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Acreage:

0.19

Listing Office: Straight-A Realty, LLC

Listing Office Phone: 630.288.2446

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/27/2025 at 9:23am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood Public Transit Market Trends

Washington Park, IL

Surrounded by an expansive park of the same name, Washington Park offers a number of attractions that appeal to residents. The park spans more than 340 acres, and was the proposed location of the Olympic Stadium and swimming venue for the 2016 Summer Olympics. Added to the National Register of Histo...

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5165 S Michigan Avenue is a vacant land currently listed at $250,000. This vacant land has been listed on @properties Christie's International Real Estate since March 27th, 2025. The nearest transit stops include 51st CTA Green line.

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