5546 S Wells Chicago, IL 60621

  • $30,000
  • Sold Date: 01-01-70

5546 S Wells Chicago, IL 60621
Contingent

5546 S Wells Chicago, IL 60621

5546 S Wells Chicago, IL 60621
  • $30,000
  • Sold Date: 01-01-70

Description

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.

  • List Agent Full Name:
  • Co List Agent Full Name:
  • Address 5546 S Wells
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60621
  • Country Cook

Details

Updated on May 10, 2024 at 5:53 am
  • Property ID: MRD12050625
  • Price: $30,000
  • Property Type: Land
  • Property Status: Contingent
  • Parcel Number: 20162020570000
  • Buyer Agent MLS Id: MRD99999
  • Days On Market: 2
  • Purchase Contract Date: 2024-05-08
  • Basement Bath(s): No
  • Cumulative Days On Market: 2
  • Directions: 5500 South to Wells turn south to address
  • Township: South Chicago
  • Contingency: Attorney/Inspection
  • CurrentUse: Multi-Family,Single Family
  • FrontageLength: 33
  • FrontageType: City Street
  • Utilities: Gas Nearby,Water to Site
  • Zoning: MULTI

Overview

Property ID: MRD12050625
  • Land
  • Property Type

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