$299,900

1510 E 67th Street, Chicago, IL 60637

Land
Built in ——
0.28acre lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

Premier B3-3 mixed-use development site in the absolute path of progress at 1510 E 67th St-positioned less than a mile from the Obama Presidential Center, a transformative $800M+ global destination expected to draw 600K-750K visitors annually and anchor long-term economic growth in Woodlawn . This 12,687 SF (.29 acre) footprint offers rare scale and zoning flexibility to develop 8-12 residential units over retail, aligning perfectly with the wave of new construction already underway nearby, including recently approved 14-unit and 24-unit residential developments within blocks . Investor demand is accelerating as the neighborhood transitions-evidenced by rising rents, redevelopment activity, and institutional projects including a planned 26-story hotel and multiple new mixed-use buildings surrounding the Obama campus . Recent land comps like 1318 E 67th St closing at $975,000 validate the trajectory, while condo values exceeding $250K+ and strong rental demand create multiple exit strategies. Located near the University of Chicago, Jackson Park, the lakefront, and transit, this site sits at the epicenter of a neighborhood widely considered one of Chicago's fastest-appreciating markets, fueled directly by the Obama Center's catalytic impact on pricing, development, and investor activity . At just $299,900, this is a generational entry point to control a large-scale development site with projected $4M-$5M stabilized upside-exactly where smart developers are placing their bets today.

Listing Status:: Active
Data Last Updated:: May 21, 2026 at 2:19AM
Listing Office:: Straight-A Realty, LLC : 708-743-0043
Listing Agent:: Michael Applegate : 708-743-0043
MLS ID:: 12600967

Parking: Parking spaces: 0

Road/Access: AsphaltCity Street
Originating MLS: mred
School District: 299
County: Cook

Zoning: MULTI20232280170000

Utilities: Electricity NearbyNatural Gas NearbyWater Nearby

Source: mred
Ownership: Fee Simple

This listing courtesy of Michael Applegate , Straight-A Realty, LLC

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.