532 E 61st Street
Chicago, IL, 60637
$295,000
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12454210 image #0
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.

Property Details

Price:
$295,000
MLS #:
MRD12454210
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chiwoodlawn
Listed Date:
Aug 24, 2025
Chi – WoodlawnChiwoodlawn

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Schools

School District:
299

Interior

Exterior

Parking Features
Off Alley

Financial

Tax Year
2023
Taxes
$5,074

Map

Community

Market Summary

Current real estate data for Land in Chicago as of May 16, 2026
899
Land Listed
491
Avg DOM
$238,165
Avg List Price

Property Summary

    532 E 61st Street Chicago IL is a Land for sale in Chicago, IL, 60637. It is listed for $295,000 and features 0 acres.

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