Adjacent City Lots for
For Sale
$225,000
5731-41 South State Street, Chicago, IL 60621
Two adjacent lots totaling about 8,050 sq. ft. offer development flexibility for ground-up or multi-family projects.
Property SizeContact for details
Lot Size0.18 Acres
Days on Market449
Property Features for 5731-41 South State Street
General Information
Standard status
Active
Lot size
0.18 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$12,706
Listing Agency:
Re-CHRG Inc
(773) 495-2144
Listed By:
Sanina Ellison · License #471018328
(773) 495-2144
Source:
Compass
Added: May 18, 2025
Changed: Aug 8
Last Checked: Mar 25 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re-CHRG Inc
Investment Insights
Based on property information with market context.
This offering includes two adjacent city lots totaling approximately 8,050 square feet, sold together for development use. The parcels provide an opportunity for ground-up construction, including multi-family development, townhome concepts, or custom single-family residences, depending on the buyer’s plans.
The lots are located on South State Street in the Washington Park community, with easy access to I-94 and convenient connections to public transit, shopping, and schools. The surrounding area is described as seeing ongoing redevelopment and investment.
For developers, builders, and investors looking for a combined, build-ready site with multiple development pathways, these adjacent parcels can support a variety of residential plans. Bring your vision to this next-chapter development opportunity.
The lots are located on South State Street in the Washington Park community, with easy access to I-94 and convenient connections to public transit, shopping, and schools. The surrounding area is described as seeing ongoing redevelopment and investment.
For developers, builders, and investors looking for a combined, build-ready site with multiple development pathways, these adjacent parcels can support a variety of residential plans. Bring your vision to this next-chapter development opportunity.
Key Highlights
- Two adjacent city lots totaling about 8,050 sq ft on State Street in Chicago’s Washington Park community
- Development‑ready for ground‑up new construction or multi‑family housing
- Flexible layout for multi‑unit, town home, or custom single‑family residence development
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
743
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?
Residential land & home lot - Two adjacent lots totaling about 8,050 sq. ft. offer development flexibility for ground-up or multi-family projects.
Where is this residential land & home lot located?
The property is located at 5731-41 South State Street Chicago, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two adjacent city lots totaling about 8,050 sq ft on State Street in Chicago’s Washington Park community; Development‑ready for ground‑up new construction or multi‑family housing; Flexible layout for multi‑unit, town home, or custom single‑family residence development
