$140,000

6659 S Greenwood Avenue, Chicago, IL 60637

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

Property Description

Located in both a Federal Opportunity Zone and a Federal Enterprise Zone (providing incredible tax benefits to a developer) this +/- 6,150 SF, RM-5, CORNER, vacant lot is a rare chance to acquire a shovel-ready development site that comes with approved RM-5 zoning and fully drawn plans for an 8-unit, 4-story building. This saves a small fortune in architectural and development costs! It will, also, save a builder/developer 6 to 12 months in entitlement and permitting time. Located directly across from the Oak Wood Cemetery entrance (providing a great view south overlooking the beautiful administrative building and lawn) and 1/2 block to the highly ranked Wadsworth Stem Elementary school. Also, within walking distance of the 63rd & Cottage Grove "EL" stop, the University of Chicago and Jackson Park, this site is well located in this high-demand rental and sales market. The seller is offering full architectural designs to serious buyers, giving you a valuable head start toward bringing this project to life. Don't miss this time-saving, development ready, tax assisted opportunity.

Listing Status:: Active
Data Last Updated:: February 14, 2026 at 3:19AM
Listing Office:: Coldwell Banker Realty : 312-915-4722
Listing Agent:: Bruce Heller : 312-915-4722
MLS ID:: 12544822

Parking: Parking spaces: 0

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

Zoning: OTHER20231250110000
Current Use: Agricultural

Utilities: Electricity NearbyNatural Gas NearbyWater Nearby

Source: mred
Ownership: Fee Simple

This listing courtesy of Bruce Heller , Coldwell Banker Realty

Monthly Payment

$Est. Payment

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

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Location

Schools Nearby

Woodlawn Elementary Community School

6657 S Kimbark Ave, Chicago, IL, 60637

Grades PK-6

0.27 miles away

Wadsworth Elementary School

6650 S Ellis Ave, Chicago, IL, 60637

Grades PK-8

0.34 miles away

Univ of Chicago Charter-Woodlawn

6300 S University Ave, Chicago, IL, 60637

Grades 6-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.