532 E 61st Street, Chicago, IL 60637

Chicago
Local realty services provided by:ERA Naper Realty
532 E 61st Street,Chicago, IL 60637
$295,000
  • 0 Acres
  • Lots / Land
  • Active
Listed by: wayne beals
Office: exit strategy realty / ema management
MLS#:12794412
Source:MLSNI

Price summary

  • Price:$295,000

About this home

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...

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Home facts

  • Listing ID #:12794412
  • Updated:November 11, 2026 at 12:41 PM

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$295,000
  • Tax amount:$3,996 (2025)

Parking

  • Parking description:Off Alley
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