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.
Listed By
Agency Name: Home One Realty
Agency Phone: 708-214-6425
Shown By
Agent Name: Donya Bundy
Agent Phone: (608) 295-5181
Agency Title: Gambino Realtors
Estimated Payment
$ 1,127.20 per month $726.32 Principal & Interest $354.25 Property Tax $46.64 Homeowner's Insurance
5715 S Calumet Avenue | MLS# 12626614
This land located at 5715 S Calumet Avenue , Chicago, IL 60637 is currently listed for sale with an asking price of $159,900. The property has approximately 0.27 Acres. S Calumet Avenue is located within the District 299 school district. Search Chicago real estate on dbundy.gogambino.com today.