7221 S Sangamon Street
Chicago, IL, 60621
$12,500
Beds
0 Baths
0 SqFt
0 Acres
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MLS #MRD12702751 image #0
**Prime Development Opportunity – 7221 S. Sangamon St., Chicago, IL 60621** Don’t miss this opportunity to acquire a **standard Chicago lot measuring approximately 25′ x 125’** in the rapidly evolving Englewood community. Zoned **RS-3**, this parcel offers an excellent opportunity for builders, developers, and owner-occupants looking to construct a new single-family residence in an area experiencing continued investment and revitalization and have sold for over $400k. The neighborhood is benefiting from ongoing public and private investment, with numerous rehabilitation projects and new residential construction throughout the surrounding area. Recent fully renovated two-flats have sold in the **low-to-mid $400,000s**, demonstrating strong buyer demand for quality housing, while additional renovated and income-producing two-unit properties are actively being marketed from the **mid-$300,000s to nearly $500,000**, depending on size, finishes, and condition. Conveniently located near major transportation corridors, Kennedy-King College, parks, schools, and neighborhood amenities, this property is positioned within a community that continues to attract developers seeking affordable land with significant upside potential. The nearby Englewood Nature Trail and other community redevelopment initiatives are further contributing to the area’s long-term growth and appeal. Whether you’re looking to build your next home, add to your investment portfolio, or capitalize on one of Chicago’s emerging neighborhoods, **7221 S. Sangamon** offers an exceptional opportunity to invest in the future of Englewood.

Property Details

Price:
$12,500
MLS #:
MRD12702751
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chienglewood
Listed Date:
Jul 12, 2026
Chi – EnglewoodChienglewood

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Schools

School District:
299

Interior

Exterior

Financial

Tax Year
2024
Taxes
$188

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Community

Market Summary

Current real estate data for Land in Chicago as of Oct 06, 2026
1,548
Land Listed
194
Avg DOM
$138,485
Avg List Price

Property Summary

    7221 S Sangamon Street Chicago IL is a Land for sale in Chicago, IL, 60621. It is listed for $12,500 and features 0 acres.

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