Development Opportunity in Washington
For Sale
$125,000
5714 S Wabash Avenue, Chicago, IL 60637
LAND - Chicago, IL
Property SizeContact for details
Lot Size0.09 Acres
Days on Market282
Property Features for 5714 S Wabash Avenue
General Information
Property type
Land
Property subtype
Other
Elementary school district
299
Middle school district
299
High school district
299
Directions
North, south, east or west to 5714.
Subdivision
CHI - Washington Park
Standard status
Active
APN
20151130230000
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
1403
Utilities
Utilities
Natural Gas Available
Listing Agency:
RE/MAX 10 in the Park · RE/MAX International
(708) 923-0900
Listed By:
Irena Soprych · License #475122739
(708) 857-1500
Added: Oct 26, 2025
Changed: May 13
Last Checked: Aug 3 at 10:06PM
MLS# 12504162
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.
This property presents an excellent development opportunity in the Washington Park neighborhood. The location offers convenient public transportation with easy access to 90/94. It is near the University of Chicago Green line, Performing Arts Center, Artist Residences apartment complex, Park Supper Club, and XS Tennis. This is an opportunity to build in a flourishing community. The zoning is RT-4. The lot size is 0.09 acres. Additional lots for sale are listed under MLS numbers 12504160 and 12504161.
Key Highlights
- Excellent development opportunity in the hot Washington Park neighborhood.
- Convenient access to public transportation and 90/94.
- Proximity to University of Chicago, Green line, and Performing Arts Center.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,493
Businesses Nearby
Explore this area
Business Placement
Demographics for 60637, IL
53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land for sale in up-and-coming Chicago neighborhood.
Where is this residential land & home lot located?
The property is located at 5714 S Wabash Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Excellent development opportunity in the hot Washington Park neighborhood.; Convenient access to public transportation and 90/94.; Proximity to University of Chicago, Green line, and Performing Arts Center.
