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    5617 S Perry Ave Chicago, IL 60621

    For Sale
    $85,000

    Land - Chicago, IL

    Lot size:
    2,450.00 Acres
    Days on Market:
    35
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 5617 S Perry Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    20162060310000
    Lot size
    2,450.00 Acres

    Building Details

    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Irena Soprych (708) 923-0900 License #475122739

    Listing date Nov 4, 2025

    MLS# 12510448 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Buildable Lots in Woodlawn Community

    Three consecutive vacant lots are available in Chicago's Woodlawn community. The lots are located within minutes of public transportation, shopping, and Washington Park, and one mile from the University of Chicago Campus, the planned President Barack Obama Presidential Library Center, and multiple new developments and construction projects. The lots are for sale as a package, presenting an opportunity for investors to develop a townhouse community or a cluster of single-family homes. Titles are clear, and taxes are paid. Surveys are included. There are three lots, each with dimensions of 25x98.17. The zoning is RS-3. The available lots for sale are 20162060300000 and 20162060320000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Chicago
    County
    Cook
    State
    Illinois
    Longitude
    -87.6274564
    Latitude
    41.7922725

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    FAQs

    What type of property is this?
    Land - Three consecutive vacant lots in Chicago's Woodlawn community.
    Where is this land located?
    The property is located at 5617 S Perry Ave Chicago, IL.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Prime location in Woodlawn, near public transportation, shopping, and Washington Park.; - Proximity to the University of Chicago Campus and the planned Obama Presidential Library Center.; - Excellent investment opportunity for developing townhouses or single-family homes.
    (708) 923-0900
    Request Owner's contact information
    5617 S Perry Ave Chicago, IL 60621
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    Chicago, IL 60621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5617 S Perry Ave Chicago, IL 60621
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