$12,500

7221 S Sangamon Street, Chicago, IL 60621

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

Property Description

**Prime Development Opportunity - 7221 S. Sangamon St., Chicago, IL 60621** Don't miss this opportunity to acquire a **standard Chicago lot measuring approximately 25' x 125'** in the rapidly evolving Englewood community. Zoned **RS-3**, this parcel offers an excellent opportunity for builders, developers, and owner-occupants looking to construct a new single-family residence in an area experiencing continued investment and revitalization and have sold for over $400k. The neighborhood is benefiting from ongoing public and private investment, with numerous rehabilitation projects and new residential construction throughout the surrounding area. Recent fully renovated two-flats have sold in the **low-to-mid $400,000s**, demonstrating strong buyer demand for quality housing, while additional renovated and income-producing two-unit properties are actively being marketed from the **mid-$300,000s to nearly $500,000**, depending on size, finishes, and condition. Conveniently located near major transportation corridors, Kennedy-King College, parks, schools, and neighborhood amenities, this property is positioned within a community that continues to attract developers seeking affordable land with significant upside potential. The nearby Englewood Nature Trail and other community redevelopment initiatives are further contributing to the area's long-term growth and appeal. Whether you're looking to build your next home, add to your investment portfolio, or capitalize on one of Chicago's emerging neighborhoods, **7221 S. Sangamon** offers an exceptional opportunity to invest in the future of Englewood.

Listing Status:: Active
Data Last Updated:: August 25, 2026 at 2:18AM
Listing Office:: Blue Door Dave Inc : 773-301-7966
Listing Agent:: David Thomas : 773-301-7966
MLS ID:: 12702751

Parking: Parking spaces: 0

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

Zoning: SINGL20292130090000
Current Use: Single Family

Utilities: Electricity NearbyNatural Gas NearbySewer NearbyWater Nearby

Source: mred
Ownership: Fee Simple

This listing courtesy of David Thomas , Blue Door Dave Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
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