South Side Development
5647 S Peoria Street, Chicago, IL 60621
For Sale
$40,000
Land, Chicago, IL
Property SizeContact for details
Days on Market257
Property Features for 5647 S Peoria Street
General Information
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Elementary school district
Middle school district
High school district
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Taxes and HOA fees
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Listing Agency:
Serene Realty, Inc.
(312) 650-7940
Listed By:
Elijah Reese · License #471019825
(312) 848-2947
Added: Feb 24
Changed: Aug 20
Last Checked: Nov 7 at 4:06PM
MLS# 12576652
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.
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Investment Insights
Based on property information with market context.
Located at 5647 S. Peoria, this 4,500 sq ft vacant lot presents a development opportunity on Chicago's South Side. The parcel is positioned in an established corridor and offers flexibility for new construction, suitable for a single-family residence, investment build, or long-term hold strategy. The property has a generous lot footprint and strong development upside, presenting a path for value creation. It is located near major transportation routes, neighborhood amenities, and ongoing area improvements, in a community where demand for quality housing continues to grow. Utilities and infrastructure are accessible within the surrounding area, making it an ideal candidate for development.
Key Highlights
- Prime South Side location in an established corridor with ongoing growth and revitalization.
- 4,500 sq ft vacant lot offering a rare development opportunity.
- Flexibility for various construction projects: single‑family residence, investment build, or long‑term hold.
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Location Intelligence
Trade Area within ½ mile
432
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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
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Frequently Asked Questions
What type of property is this?
Land - 4,500 sq ft vacant lot in Chicago's South Side.
Where is this land located?
The property is located at 5647 S Peoria Street Chicago, IL.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Prime South Side location in an established corridor with ongoing growth and revitalization.; 4,500 sq ft vacant lot offering a rare development opportunity.; Flexibility for various construction projects: single‑family residence, investment build, or long‑term hold.
