7221 S Sangamon Street, Chicago, IL 60621

Local realty services provided by:Results Realty ERA Powered
7221 S Sangamon Street,Chicago, IL 60621
$12,500
  • 0 Acres
  • Lots / Land
  • Active
Listed by: david thomas
Office: blue door dave inc
MLS#:12702751
Source:MLSNI

Price summary

  • Price:$12,500

About this home

**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...

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Home facts

  • Listing ID #:12702751
  • Updated:July 20, 2026 at 11:14 AM

Finances and disclosures

  • Price:$12,500
  • Tax amount:$188 (2024)
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