Exceptional development opportunity in the rapidly growing Woodlawn neighborhood. This offering includes two buildable lots with separate PIN numbers, providing the potential to construct up to six residential units-three units per lot under current RT-4 zoning regulations (1,000 SF of land area required per allowable unit). Surrounded by numerous newly constructed homes and ongoing development, this property is ideally positioned for investors, developers, or builders seeking strong growth potential. Conveniently located just few blocks south of the University of Chicago, less than 1.5 miles from Jackson Park, Lake Michigan, the Obama Presidential Center site, Hyde Park, museums, shopping, dining, and public transportation. Take advantage of this rare opportunity to develop in one of Chicago's most sought-after and transforming neighborhoods.
— the listing agent’s description
The home
Lot 50 X 125
Land
What it’ll cost
$1,209 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$717/mo
Principal & interest$584
Property taxes$101
Homeowners insurance$32
Get pre-qualified →Connect with a licensed lender in the dwello network.
Estimate only — not a loan offer. Example rate; taxes and insurance estimated; your actual rate, payment, taxes, and insurance will vary. dwello is not a lender. Equal Housing Opportunity.
Tour it with a real dwello agent
The agent who meets you here is an actual dwello Home Group team member who knows these streets — not a stranger who bought your name from a portal. You get straight answers on the spot, and the same person stays with you through closing.
On our team, vettedYour info is never soldWith you through closing
Tour this home
In person, on your schedule — a dwello agent meets you there.
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.