Residential Double Lot
For Sale
$225,000
5415 S Prairie Ave, Chicago, IL 60615
Zoned RS-3 double lot with ADU allowance, sized for custom single-family or multi-unit development with upzoning.
Property SizeContact for details
Lot Size0.21 Acres
Days on Market166
Property Features for 5415 S Prairie Ave
General Information
Standard status
Active
Lot size
0.21 Acres
Property subtype
Land
Zoning
RS-3
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,351
Listing Agency:
Coldwell Banker Realty
(773) 451-1200
Listed By:
Paulette Edwards · License #471011238
(773) 837-0383
Source:
Exprealty
Added: Mar 27
Changed: Sep 8
Last Checked: May 28 at 6:49AM
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.
5415 S. Prairie Avenue offers a double-lot configuration sized at approximately 50 by 180 (about 9,147 square feet). The property is currently zoned RS-3, with allowance for an ADU, supporting a custom single-family residence plan. The site may also be considered for alternative density through upzoning to RT-4 or RM-5 if pursuing 3+ units, subject to approval.
Located in the Bronzeville/Grand Boulevard community along Prairie Avenue, the parcel is surrounded by a mix of classic Chicago greystones and new construction. Nearby area anchors include King Drive with local restaurants and neighborhood staples.
The surrounding neighborhood also offers convenient access to Washington Park and major cultural and education destinations, including the DuSable Black History Museum and Education Center, the Museum of Science and Industry, and Chicago’s Museum Campus. Commuting options include nearby CTA Green Line stations at 43rd and 47th streets and the Red Line via Sox/35th, plus multiple CTA bus routes. For drivers, proximity to Lake Shore Drive and I-90/94 (Dan Ryan Expressway) supports citywide travel.
Located in the Bronzeville/Grand Boulevard community along Prairie Avenue, the parcel is surrounded by a mix of classic Chicago greystones and new construction. Nearby area anchors include King Drive with local restaurants and neighborhood staples.
The surrounding neighborhood also offers convenient access to Washington Park and major cultural and education destinations, including the DuSable Black History Museum and Education Center, the Museum of Science and Industry, and Chicago’s Museum Campus. Commuting options include nearby CTA Green Line stations at 43rd and 47th streets and the Red Line via Sox/35th, plus multiple CTA bus routes. For drivers, proximity to Lake Shore Drive and I-90/94 (Dan Ryan Expressway) supports citywide travel.
Key Highlights
- 50 x 180 double lot (approx. 9,147 sq ft) at 5415 S. Prairie Avenue in Chicago’s Bronzeville area
- Zoned RS‑3 with allowed ADU units
- Development options mentioned: custom single‑family, modern two‑flats, or upzoning to RT‑4 or RM‑5 for 3+ units
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,070
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 - Zoned RS-3 double lot with ADU allowance, sized for custom single-family or multi-unit development with upzoning.
Where is this residential land & home lot located?
The property is located at 5415 S Prairie Ave 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: 50 x 180 double lot (approx. 9,147 sq ft) at 5415 S. Prairie Avenue in Chicago’s Bronzeville area; Zoned RS‑3 with allowed ADU units; Development options mentioned: custom single‑family, modern two‑flats, or upzoning to RT‑4 or RM‑5 for 3+ units
