Tim Johnson
REALTOR®
LOT SIZE 0.930 acres
MLS#12657831
STATUSActive
PROPERTY TYPELand - Farm
SCHOOLDistrict 299
Property Description
Exceptional development opportunity in the heart of South Shore. This expansive 40,453 SF parcel (250' x 163') is zoned RT-4 and offers outstanding potential for a luxury single-family residence, duplex development, or multi-unit residential project. Surrounded by mature trees and positioned on a beautiful residential block, the site is ideally located near the Obama Presidential Center, Lake Michigan, the 71st Street retail corridor, and the South Shore Cultural Center. Nestled near the historic Jackson Park Highlands neighborhood and amid ongoing new construction and investment activity, this property presents a compelling opportunity for developers, builders, and long-term investors alike. Convenient access to Lake Shore Drive, CTA transit, and the Metra Electric enhances appeal for future residents and supports strong long-term value. The seller is willing to divide the property into either ten 25' x 163' parcels or five 50' x 163' parcels, offering added flexibility for a range of development plans. A builder is also in place and available to assist with project execution if desired.
Property Features
Property Type: Land - Farm
Lot Size: 0.93 Acres
Taxes: $1,232
Feature Descriptions
Current Use: Agricultural
Frontage: 250
Frontage Type: City Street, Public Road
Lot Dimensions: 250 X 162
Parcel#: 20243240220000
Possible Use: Condominium, Multi-Family
Road Surface: Asphalt, Concrete
Township: Hyde Park
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Fulton Grace Realty
Agency Phone: 773-698-6648
Shown By
Agent Name: Tim Johnson
Agent Phone: Cell: (815) 494-8901
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 3,003.05 per month $2,725.39 Principal & Interest $102.67 Property Tax $175.00 Homeowner's InsuranceChange Payment Information
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7016 S East End Avenue | MLS# 12657831
This land located at 7016 S East End Avenue, Chicago, IL 60649 is currently listed for sale with an asking price of $600,000. The property has approximately 0.93 Acres. S East End Avenue is located within the District 299 school district. Search Chicago real estate on tjohnson.gogambino.com today.