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  • $30,000

    5546 S Wells St, Chicago, IL 60621

    --beds
    --baths
    4,125Square Feet
    Unimproved Land
    Built in ----
    4,125 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $1,596 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,596/mo

    Zestimate® history
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    What's special

    Positioned in the heart of Englewood, the vacant lot at 5546 S Wells St, Chicago, offers a remarkable development opportunity for visionary real estate developers. This 4,725 sq ft parcel is zoned RS-3, allowing for diverse residential projects including single-family homes, duplexes, and low-density constructions. The area is currently experiencing revitalization, marked by recent nearby developments that highlight the neighborhood's potential for growth and enhancement. Strategically located, this property is within a short distance of the CTA Red Line and Midway Airport, ensuring excellent connectivity to major city hubs and convenience for future residents. The proximity to these significant transport arteries enhances the appeal of the site, making it an attractive investment for both residential and potentially mixed-use developments. Englewood itself is an area poised for growth, with several new projects in the pipeline indicating a positive trajectory in real estate development. The lot's urban setting and the neighborhood's ongoing transformation present a unique chance to contribute to and benefit from Englewood's resurgence. For developers looking to make a significant impact in a revitalizing area, this property offers the perfect ground to cultivate a thriving community-oriented project, leveraging its location and the neighborhood's developmental momentum.

    Zillow last checked: 7 hours ago

    Listing updated: June 14, 2024 at 09:36am

    Listing courtesy of:

    Moses Hall, AHWD,CCIM 312-826-9925,

    MoHall Commercial & Urban Development

    Bought with:

    Non Member

    NON MEMBER

    Source: MRED as distributed by MLS GRID,MLS#: 12050625MLS Logo

    Facts & features

    Property

    Features
    • Frontage length: 33
    Lot
    • Size: 4,125 sqft
    • Dimensions: 33 X 125
    Details
    • Parcel number: 20162020570000
    • Zoning: MULTI
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Natural Gas Nearby, Water Available

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Asphalt, Dirt

    Price history

    DateEventPrice
    6/13/2024Sold$30,000
    Source: MRED as distributed by MLS GRID #12050625 Report a problem
    5/8/2024Listing removed--
    Source: MRED as distributed by MLS GRID #12041129 Report a problem
    5/3/2024Contingent$30,000
    Source: MRED as distributed by MLS GRID #12041129 Report a problem
    4/27/2024Listed for sale$30,000-25%
    Source: MRED as distributed by MLS GRID #12041129 Report a problem
    4/27/2024Listing removed--
    Source: MRED as distributed by MLS GRID #11988058 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$650 +2.6%$3,071
    2022$634 +2.3%$3,071
    2021$619 -9.5%$3,071

    Find assessor info on the county website

    Neighborhood: Englewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.