South Side Development
For Sale
$40,000
5647 S Peoria Street, Chicago, IL 60621
Land, Chicago, IL
Property SizeContact for details
Days on Market179
Property Features for 5647 S Peoria Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
299
Middle school district
299
High school district
299
Directions
57th St to S Peoria
Subdivision
CHI - Englewood
Standard status
Active
APN
20172140140000
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
617
Listing Agency:
Serene Realty, Inc.
(312) 650-7940
Listed By:
Elijah Reese · License #471019825
(312) 848-2947
Added: Feb 24
Changed: Aug 20
Last Checked: Aug 22 at 1:06PM
MLS# 12576652
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located at 5647 S. Peoria, this 4,500 sq ft vacant lot presents a development opportunity on Chicago's South Side. The parcel is positioned in an established corridor and offers flexibility for new construction, suitable for a single-family residence, investment build, or long-term hold strategy. The property has a generous lot footprint and strong development upside, presenting a path for value creation. It is located near major transportation routes, neighborhood amenities, and ongoing area improvements, in a community where demand for quality housing continues to grow. Utilities and infrastructure are accessible within the surrounding area, making it an ideal candidate for development.
Key Highlights
- Prime South Side location in an established corridor with ongoing growth and revitalization.
- 4,500 sq ft vacant lot offering a rare development opportunity.
- Flexibility for various construction projects: single‑family residence, investment build, or long‑term hold.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
Explore this area
Business Placement
Demographics for 60621, IL
29,570
Population
15,348
Households
1.9
Avg Household Size
36
Median Age
12%
College-Educated
78%
High-School Grad
3.8 sq mi
ZIP Area
7,782
Density / Sq Mi
$33,235
Median Household Income
$29,961
Median Earnings
$1,017
Median Rent
$161,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Land - 4,500 sq ft vacant lot in Chicago's South Side.
Where is this land located?
The property is located at 5647 S Peoria Street Chicago, IL.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Prime South Side location in an established corridor with ongoing growth and revitalization.; 4,500 sq ft vacant lot offering a rare development opportunity.; Flexibility for various construction projects: single‑family residence, investment build, or long‑term hold.
