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Land · Chicago, IL
$110,000
beds · baths
5101 S Richmond Street, Chicago, IL, 60632
A brick-and-mortar place to make your own — room to make it home.
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What’s special

Exceptional development opportunity featuring a double residential vacant lot at 5101 S Richmond St in Chicago! This vacant lot offers an opportunity for builders, developers, and investors to bring their vision to life. With generous frontage to 51st ST, the property is well-suited for residential investment development zoned as RS-3 (subject to zoning and City approvals). Ideally located on Chicago's Southwest Side, the site offers convenient access to schools, parks, shopping, restaurants, public transportation, and major expressways. The nearby planned Amazon development further enhances the area's long-term growth potential, and bringing approximately 1000+ employees. Whether you're looking to develop the two PINs individually or assemble them into a larger project, this is an outstanding opportunity to invest in one of Chicago's emerging development corridors. Don't miss your chance to secure this exceptional land offering with endless possibilities. Contact us today for additional information and to explore the potential of this unique property.
— the listing agent’s description

The home

Lot 30X126
Land

What it’ll cost

$1,335 taxes / yr
No HOA
7 days on dwello

Estimated monthly payment

$728/mo
Principal & interest$585
Property taxes$111
Homeowners insurance$32
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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.
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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.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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7 days on dwello
Price history
Listed for sale
Jul 6, 2026
$110,000
Property taxes
2025
Annual tax bill (MLS)
$1,335/yr
Assessed value
2025
County assessor
$6,644
2024
$6,644
2023
$5,706
2022
$5,706
2021
$4,154
2020
$4,731
2019
$4,731
2018
$4,731
Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Miguel Sanchez · Ruiz Realty, Inc.
Listing last updated Jul 12, 2026 · data refreshed from the MLS Jul 12, 2026, 5:25 AM CT
Based on information submitted to the MLS GRID as of Jul 12, 2026, 5:25 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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