Chicago Land Opportunity in New
For Sale
Under Contract
Contact for pricing
5534 S Elizabeth Street, Chicago, IL 60636
LAND - Chicago, IL
Property SizeContact for details
Lot Size0.07 Acres
Days on Market937
Property Features for 5534 S Elizabeth Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
299
Middle school district
299
High school district
299
Directions
from interstate 94. Closest exit 55 st (Garfield)Head west on Garfield s to racine west on 56th st north to elizabeth.
Subdivision
CHI - West Englewood
Standard status
Active Under Contract
APN
20171060270000
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2021
Tax Annual Amount
408
Listing Agency:
A.R.E. Partners Inc.
(312) 300-7237
Listed By:
Antje Gehrken · License #471002284
(312) 339-7655
Added: Jan 19, 2024
Changed: May 13
Last Checked: Aug 13 at 11:06AM
MLS# 11958950
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 3125 sq. ft. property presents an opportunity in Chicago's New City neighborhood, located in the 16th ward. Zoned RS-3, the property is situated in proximity to a budding mixed commercial use zoning area within the 47th/Ashland TIF district, which features multiple ongoing projects. It is approximately a 10-minute drive from Kennedy King Community College and offers access to CTA bus lines on 51st Street and nearby Ashland Avenue. The property is being sold in AS IS/WHERE IS condition with no representations, or warranties. Buyers are expected to perform all due diligence, including verifying size, zoning, use, and TIF availability.
Key Highlights
- 3125 sq. ft. property offers a blank slate for development.
- Located in Chicago's New City, 16th ward.
- Zoned RS‑3, allowing for residential development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
946
Businesses Nearby
Explore this area
Business Placement
Demographics for 60636, IL
34,800
Population
14,363
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
78%
High-School Grad
3.9 sq mi
ZIP Area
8,923
Density / Sq Mi
$35,077
Median Household Income
$30,411
Median Earnings
$1,135
Median Rent
$150,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 3125 sq ft lot in budding commercial district.
Where is this residential land & home lot located?
The property is located at 5534 S Elizabeth Street Chicago, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: 3125 sq. ft. property offers a blank slate for development.; Located in Chicago's New City, 16th ward.; Zoned RS‑3, allowing for residential development.
