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5941 S Prairie Avenue Chicago, IL 60637 • Land - Farm • New

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Description

Prime Development Opportunity - Rare 100' x 160' oversized lot zoned RM-5 with strong multifamily density potential. Property is part of a multi lot scattered-site portfolio in the Washington Park/West Woodlawn corridor, available individually or as a package. Ideal for developers seeking scale, flexibility, and a clear path to execution. Builder and contractor team in place. Sold as-is, where-is. Preliminary plans are conceptual only and not approved by the City of Chicago. Seller makes no representations or warranties; buyer responsible for all due diligence, zoning verification, and approvals.

Property Highlights

Property Type: Land - Farm
Total Acres: 0.37 Acres
Utilities: Unknown (verify)

General Information

County: Cook
Listed By:
Home One Realty 708-214-6425
MRED MLS
$179,900
Est. $1,201/mo
New to the Market New
LOT SIZE 100x 160 MLS#12626773
STATUSNew PROPERTY TYPELand - Farm SCHOOLDistrict 299
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Melissa Bowman
 (309) 714-7018

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5941 S Prairie Avenue , Chicago, IL 60637.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $179,900$179,900$179,900
Down Payment $35,980$6,297$44,975
Monthly Mortgage Amount $851$1,059$1,094
Taxes $250$250$250
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$79$0
Monthly Estimated Total $1,201$1,488$1,444

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