Double Vacant Residential
For Sale
$110,000
5101 South Richmond Street, Chicago, IL 60632
Two vacant residential lots with frontage to 51st Street, zoned RS-3 subject to City approvals.
Property SizeContact for details
Days on Market45
Property Features for 5101 South Richmond Street
General Information
Standard status
Active
Property subtype
Land
Zoning
RS-3
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,335
Listing Agency:
Ruiz Realty, Inc.
(773) 991-1757
Listed By:
Miguel Sanchez · License #471020892
(773) 991-1757
Source:
Compass
Added: Jun 26
Changed: Aug 8
Last Checked: Jul 21 at 2:44AM
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 Ruiz Realty, Inc.
Investment Insights
Based on property information with market context.
This offering includes a double set of vacant residential lots. The property is described as having generous frontage to 51st Street and is positioned for residential investment development, with zoning noted as RS-3 (subject to zoning and City approvals). The opportunity allows for development of the two PINs individually or assembly into a larger project.
The site is located on Chicago’s Southwest Side with access to schools, parks, shopping, restaurants, public transportation, and major expressways. The area also has a nearby planned Amazon development, which is described as supporting long-term growth.
For buyers and investors, the property’s vacant configuration and RS-3 zoning framework (subject to approval) make it a straightforward land option to evaluate for residential development planning.
The site is located on Chicago’s Southwest Side with access to schools, parks, shopping, restaurants, public transportation, and major expressways. The area also has a nearby planned Amazon development, which is described as supporting long-term growth.
For buyers and investors, the property’s vacant configuration and RS-3 zoning framework (subject to approval) make it a straightforward land option to evaluate for residential development planning.
Key Highlights
- Double residential vacant lot offering at 5101 S Richmond St, Chicago
- Two vacant residential lots (two PINs) with frontage to 51st St
- Zoned RS‑3, subject to City approvals
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,109
Businesses Nearby
Explore this area
Business Placement
Demographics for 60632, IL
92,237
Population
28,860
Households
3.2
Avg Household Size
33
Median Age
13%
College-Educated
69%
High-School Grad
7.4 sq mi
ZIP Area
12,464
Density / Sq Mi
$60,576
Median Household Income
$35,203
Median Earnings
$1,057
Median Rent
$240,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two vacant residential lots with frontage to 51st Street, zoned RS-3 subject to City approvals.
Where is this residential land & home lot located?
The property is located at 5101 South Richmond Street Chicago, IL.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Double residential vacant lot offering at 5101 S Richmond St, Chicago; Two vacant residential lots (two PINs) with frontage to 51st St; Zoned RS‑3, subject to City approvals
