Chicagorealestatesource.com Search Results

**MAJOR PRICE REDUCTION! PRIME WOODLAWN DEVELOPMENT OPPORTUNITY - NOW JUST $199,000 | ONLY $15.69 PER LAND SQ. FT. | B3-3 ZONING | 100 FT OF 67TH STREET FRONTAGE!** Opportunity meets location at 1510 E. 67th Street, an approximately 12,687-square-foot development site in one of Chicago's most exciting redevelopment corridors, less than one mile from the newly opened Obama Presidential Center! Previously offered at $249,900 and now aggressively repositioned at just $199,000, this property represents a **$100,900 price reduction and an exceptional land acquisition basis of approximately $15.69 per square foot**-an attractive entry point for developers, builders, investors and long-term landholders looking to capitalize on Woodlawn's next chapter. The timing couldn't be more compelling: the $850 million Obama Presidential Center officially opened in June 2026, welcoming visitors to its spectacular 19.3-acre campus featuring a world-class museum, Chicago Public Library branch, gardens, public art, recreational facilities and year-round programming. In its first 100 days alone, the Center reported **175,469 visitors to its museum and ticketed events from all 50 states and 39 countries**, while an economic impact study projects approximately **625,000-760,000 annual visitors over the long term and $177 million in annual economic activity across Chicago's South Side**. This is no longer speculation about what's coming-the destination is OPEN, attracting visitors and bringing new attention to the surrounding neighborhoods! Positioned along the highly visible 67th Street corridor, this substantial parcel offers approximately **100 feet of street frontage, 127 feet of depth and B3-3 Community Shopping District zoning**, creating possibilities for commercial, residential-over-retail or other mixed-use development concepts, subject to municipal approvals. The property features an existing paved surface, street access and electric, gas and water utilities reported nearby. Surrounded by established residential neighborhoods, commercial businesses and major institutions, the location places investors near the University of Chicago, Jackson Park, Lake Michigan, Stony Island Avenue, CTA and Metra transportation, and the growing Hyde Park/Woodlawn economic corridor. For perspective, a larger commercially improved property at 1318 E. 67th Street sold for $975,000 in 2022, demonstrating the scale of investment already seen along this street, although that transaction is not a direct vacant-land comparable. **At under $200,000, buyers have an opportunity to control nearly 13,000 square feet of B3-3-zoned land in the orbit of one of Chicago's most significant new cultural destinations.** Whether your vision is neighborhood-serving retail, mixed-use construction, a residential development with commercial space or a strategic long-term investment, this property's combination of location, frontage, zoning and newly reduced price deserves serious consideration. **THE PRICE HAS CHANGED. THE LOCATION HASN'T. BRING YOUR ARCHITECT, BRING YOUR DEVELOPER AND BRING YOUR OFFER!** Buyer to independently verify survey dimensions, lot area, zoning, permitted uses, density, utilities and development feasibility with the City of Chicago and appropriate professionals.

12787789 MLS ⋅ ACTIVE Status

**MAJOR PRICE REDUCTION! PRIME WOODLAWN DEVELOPMENT OPPORTUNITY - NOW JUST $199,000 | ONLY $15.69 PER LAND SQ. FT. | B3-3 ZONING | 100 FT OF 67TH STREET FRONTAGE!** Opportunity meets location at 1510 E. 67th Street, an approximately 12,687-square-foot development site in one of Chicago's most exciting redevelopment corridors, less than one mile from the newly opened Obama Presidential Center! Previously offered at $249,900 and now aggressively repositioned at just $199,000, this property represents a **$100,900 price reduction and an exceptional land acquisition basis of approximately $15.69 per square foot**-an attractive entry point for developers, builders, investors and long-term landholders looking to capitalize on Woodlawn's next chapter. The timing couldn't be more compelling: the $850 million Obama Presidential Center officially opened in June 2026, welcoming visitors to its spectacular 19.3-acre campus featuring a world-class museum, Chicago Public Library branch, gardens, public art, recreational facilities and year-round programming. In its first 100 days alone, the Center reported **175,469 visitors to its museum and ticketed events from all 50 states and 39 countries**, while an economic impact study projects approximately **625,000-760,000 annual visitors over the long term and $177 million in annual economic activity across Chicago's South Side**. This is no longer speculation about what's coming-the destination is OPEN, attracting visitors and bringing new attention to the surrounding neighborhoods! Positioned along the highly visible 67th Street corridor, this substantial parcel offers approximately **100 feet of street frontage, 127 feet of depth and B3-3 Community Shopping District zoning**, creating possibilities for commercial, residential-over-retail or other mixed-use development concepts, subject to municipal approvals. The property features an existing paved surface, street access and electric, gas and water utilities reported nearby. Surrounded by established residential neighborhoods, commercial businesses and major institutions, the location places investors near the University of Chicago, Jackson Park, Lake Michigan, Stony Island Avenue, CTA and Metra transportation, and the growing Hyde Park/Woodlawn economic corridor. For perspective, a larger commercially improved property at 1318 E. 67th Street sold for $975,000 in 2022, demonstrating the scale of investment already seen along this street, although that transaction is not a direct vacant-land comparable. **At under $200,000, buyers have an opportunity to control nearly 13,000 square feet of B3-3-zoned land in the orbit of one of Chicago's most significant new cultural destinations.** Whether your vision is neighborhood-serving retail, mixed-use construction, a residential development with commercial space or a strategic long-term investment, this property's combination of location, frontage, zoning and newly reduced price deserves serious consideration. **THE PRICE HAS CHANGED. THE LOCATION HASN'T. BRING YOUR ARCHITECT, BRING YOUR DEVELOPER AND BRING YOUR OFFER!** Buyer to independently verify survey dimensions, lot area, zoning, permitted uses, density, utilities and development feasibility with the City of Chicago and appropriate professionals.

1510 E 67Th Street, Chicago

$399,000

Prime Woodlawn Development Opportunity! Build in one of Chicago's most dynamic, well-connected neighborhoods. This location offers unmatched access to Washington Park, Jackson Park, the Midway Plaisance, and UChicago's south campus. Transit is seamless via the CTA Green Line, Metra, bus routes, and DuSable Lake Shore Drive. Enjoy vibrant local anchors including the Obama Presidential Center, MSI, and the Logan Center, alongside neighborhood favorites like Bar David, Truth Be Told, Robust Coffee, and the 61st St Farmers Market. Daily conveniences-from Jewel-Osco to lakefront beaches and harbors-are minutes away. Perfect for single-family, multi-unit, or creative mixed-use projects. Contact us today to walk the site!

12732271 MLS ⋅ ACTIVE Status

Prime Woodlawn Development Opportunity! Build in one of Chicago's most dynamic, well-connected neighborhoods. This location offers unmatched access to Washington Park, Jackson Park, the Midway Plaisance, and UChicago's south campus. Transit is seamless via the CTA Green Line, Metra, bus routes, and DuSable Lake Shore Drive. Enjoy vibrant local anchors including the Obama Presidential Center, MSI, and the Logan Center, alongside neighborhood favorites like Bar David, Truth Be Told, Robust Coffee, and the 61st St Farmers Market. Daily conveniences-from Jewel-Osco to lakefront beaches and harbors-are minutes away. Perfect for single-family, multi-unit, or creative mixed-use projects. Contact us today to walk the site!

1457-1459 E Marquette Road, Chicago

$680,000

Rarely does an opportunity like this come along at this price point. Priced at $665,000, this 3-unit sits just steps from the future Obama Presidential Center and near the rapidly transforming 63rd Street corridor. The $800M Woodlawn Central development, an 8-acre mixed-use project, is expected to bring a hotel, theater, technology center, retail, restaurants, residential towers, and a vertical farm to the neighborhood. Each unit features a generously sized primary bedroom with en-suite bath, a private balcony, and a cozy fireplace in the living room. With two units vacant, you have immediate flexibility to set market rents or design your ideal living setup. This property offers a clear value-add opportunity for buyers looking to build equity in a rapidly appreciating market. Live in one unit while generating rental income from the others, or hold as a long-term investment in one of Chicago's most closely watched growth corridors. Each unit has its own PIN, offering a potential path to future condo conversion. Gated rear parking for three vehicles and tenant-paid utilities add to the appeal. Conveniently located near Mt. Carmel High School and the Metra line. Sold as-is.

9 Beds ⋅ 6 Baths ⋅ 12687847 MLS ⋅ CLOSED Status

Rarely does an opportunity like this come along at this price point. Priced at $665,000, this 3-unit sits just steps from the future Obama Presidential Center and near the rapidly transforming 63rd Street corridor. The $800M Woodlawn Central development, an 8-acre mixed-use project, is expected to bring a hotel, theater, technology center, retail, restaurants, residential towers, and a vertical farm to the neighborhood. Each unit features a generously sized primary bedroom with en-suite bath, a private balcony, and a cozy fireplace in the living room. With two units vacant, you have immediate flexibility to set market rents or design your ideal living setup. This property offers a clear value-add opportunity for buyers looking to build equity in a rapidly appreciating market. Live in one unit while generating rental income from the others, or hold as a long-term investment in one of Chicago's most closely watched growth corridors. Each unit has its own PIN, offering a potential path to future condo conversion. Gated rear parking for three vehicles and tenant-paid utilities add to the appeal. Conveniently located near Mt. Carmel High School and the Metra line. Sold as-is.

6500 S Dorchester Avenue, Chicago

6450-6458 S Stony Island Avenue, Chicago

$2,150,000

Located at 6450-6458 S Stony Island Ave, Chicago, IL 60637, this 25-unit apartment building with 5 ground-floor retail storefronts offers investors a rare chance to reposition a significant mixed-use property in the heart of Woodlawn, just steps from South Shore. The 25 residential units offer scale for a multi-family repositioning, partially-occupied with 5 vacant retail storefronts. With the right vision and capital, this property has the potential to deliver strong long-term cash flow and become a landmark investment along the Stony Island corridor. Neighborhood highlights: Woodlawn is a hub of transformation, fueled by the upcoming Obama Presidential Center, University of Chicago expansion, and significant public and private investment. South Shore offers lakefront amenities, the South Shore Cultural Center, golf course, and beaches, all minutes away. Excellent access to CTA, Metra, and major thoroughfares position this property for high tenant demand and sustained growth. This is a rare opportunity to acquire a large-scale mixed-use building in a rapidly-appreciating neighborhood. Ideal for value-add investors and developers ready to create a cornerstone asset in one of Chicago's most exciting growth corridors.

12452087 MLS ⋅ CONTINGENT Status

Located at 6450-6458 S Stony Island Ave, Chicago, IL 60637, this 25-unit apartment building with 5 ground-floor retail storefronts offers investors a rare chance to reposition a significant mixed-use property in the heart of Woodlawn, just steps from South Shore. The 25 residential units offer scale for a multi-family repositioning, partially-occupied with 5 vacant retail storefronts. With the right vision and capital, this property has the potential to deliver strong long-term cash flow and become a landmark investment along the Stony Island corridor. Neighborhood highlights: Woodlawn is a hub of transformation, fueled by the upcoming Obama Presidential Center, University of Chicago expansion, and significant public and private investment. South Shore offers lakefront amenities, the South Shore Cultural Center, golf course, and beaches, all minutes away. Excellent access to CTA, Metra, and major thoroughfares position this property for high tenant demand and sustained growth. This is a rare opportunity to acquire a large-scale mixed-use building in a rapidly-appreciating neighborhood. Ideal for value-add investors and developers ready to create a cornerstone asset in one of Chicago's most exciting growth corridors.

6450-6458 S Stony Island Avenue, Chicago

$125,000

Woodlawn Development Opportunity! Now is the time to build in Woodlawn-one of Chicago's most dynamic and well-connected neighborhoods. This prime location offers unmatched access to nearby parks, institutions, and transit: Washington Park, Jackson Park, the Midway Plaisance, and the University of Chicago's south campus are all just minutes away. Enjoy easy transportation via the CTA Green Line, multiple bus routes, the Metra, and quick access to Lake Shore Drive. The area continues to grow with vibrant local amenities, including the upcoming Obama Presidential Center, the Museum of Science and Industry, and the Reva and David Logan Center. A variety of local favorites-Bar David, Truth Be Told, Robust Coffee Lounge, and the 61st Street Farmers Market-bring energy to the community. Daily conveniences like the nearby Jewel grocery store and access to the lakefront, beaches, and harbor make this a truly exceptional place for your next project. Don't miss this opportunity to invest in one of the city's most promising neighborhoods. Whether you're building single-family, multi-unit, or a creative mixed-use project, the time and location are right. Contact us today to walk the site, start planning your next successful build in Woodlawn.

12444687 MLS ⋅ CLOSED Status

Woodlawn Development Opportunity! Now is the time to build in Woodlawn-one of Chicago's most dynamic and well-connected neighborhoods. This prime location offers unmatched access to nearby parks, institutions, and transit: Washington Park, Jackson Park, the Midway Plaisance, and the University of Chicago's south campus are all just minutes away. Enjoy easy transportation via the CTA Green Line, multiple bus routes, the Metra, and quick access to Lake Shore Drive. The area continues to grow with vibrant local amenities, including the upcoming Obama Presidential Center, the Museum of Science and Industry, and the Reva and David Logan Center. A variety of local favorites-Bar David, Truth Be Told, Robust Coffee Lounge, and the 61st Street Farmers Market-bring energy to the community. Daily conveniences like the nearby Jewel grocery store and access to the lakefront, beaches, and harbor make this a truly exceptional place for your next project. Don't miss this opportunity to invest in one of the city's most promising neighborhoods. Whether you're building single-family, multi-unit, or a creative mixed-use project, the time and location are right. Contact us today to walk the site, start planning your next successful build in Woodlawn.

1520-22 E 66Th Place, Chicago

How much is your home worth?

How much is your home worth?