Bronzeville Double Lot
For Sale
$225,000
5415 S Prairie Avenue, Chicago, IL 60615
Oversized lot in historic Bronzeville, perfect for custom development.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market135
Property Features for 5415 S Prairie Avenue
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$6,352
Listing Agency:
COLDWELL BANKER REALTY
(773) 451-1200
Listed By:
PAULETTE EDWARDS · License #471011238
Source:
Corcoran
Added: Mar 28
Changed: Aug 8
Last Checked: Jul 15 at 9:06PM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
Located in the Bronzeville/Grand Boulevard community, this 50 x 180 double lot (approximately 9,147 sq ft) at 5415 S. Prairie Avenue presents an opportunity for development. Zoned RS-3, the property is suited for a custom single-family residence with allowed ADU units or modern two-flats. Upzoning to RT-4 or RM-5 is possible for 3+ units. The area features a mix of classic Chicago greystones and new construction, reflecting the neighborhood's growth. King Drive provides local restaurants, cafes, and neighborhood amenities. Washington Park, with green space and walking trails, and the DuSable Black History Museum and Education Center are nearby. The lakefront and 57th Street Beach are easily accessible. Whole Foods Market and Trader Joe's, along with the dining and shopping on 53rd Street in Hyde Park, are also close. The University of Chicago, the Museum of Science and Industry, and Chicago's Museum Campus are in proximity. Commuting is facilitated by the CTA Green Line (43rd and 47th Street stations), the Red Line via Sox/35th, CTA bus routes #3 King Drive and #47 47th Street, Lake Shore Drive, and I-90/94 (Dan Ryan Expressway).
Key Highlights
- Large Double Lot (50 x 180, approx. 9,147 sq ft) offers ample space for development.
- Flexible RS‑3 Zoning allows for a custom single‑family residence with ADU, modern two‑flats, or potential upzoning for multi‑unit development.
- Prime Bronzeville Location near King Drive, surrounded by a mix of classic and new architecture, reflecting strong neighborhood growth.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
Explore this area
Business Placement
Demographics for 60615, IL
43,502
Population
24,997
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
93%
High-School Grad
2.2 sq mi
ZIP Area
19,774
Density / Sq Mi
$62,105
Median Household Income
$47,186
Median Earnings
$1,444
Median Rent
$305,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Oversized lot in historic Bronzeville, perfect for custom development.
Where is this residential land & home lot located?
The property is located at 5415 S Prairie Avenue 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: Large Double Lot (50 x 180, approx. 9,147 sq ft) offers ample space for development.; Flexible RS‑3 Zoning allows for a custom single‑family residence with ADU, modern two‑flats, or potential upzoning for multi‑unit development.; Prime Bronzeville Location near King Drive, surrounded by a mix of classic and new architecture, reflecting strong neighborhood growth.
