532 E 61st St, Chicago, IL 60637
Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.
- 2
- 0
Overview
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 Presidential Center. Unmatched CTA Green Line connectivity, offering direct access to IIT, the Loop, Fulton Market, United Center, and beyond. Strong market demand for housing near train-accessible sites. Surrounded by successful recent redevelopments, including the Jewel-Osco at 61st & Cottage Grove. Walkable to the University of Chicago campus, Logan Center, UChicago Medicine, Midway Plaisance, and two nearby Green Line stations. Just one mile from the Lakefront. With Woodlawn's revitalization well underway, this property offers tremendous potential for developers and community builders alike. Bring your vision and be part of Woodlawn's future.
Location
Full feature list
Basic info
- Property type
- Other residential
Utilities
- Water
- Water
Taxes
- Tax Annual Amount (2023)
- $5,074
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12454210 Last checked: …

Based on information submitted to the MLS GRID as of . 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.