Vacant Lot on Chicago's
For Sale
$55,000
6407 South Morgan Street, Chicago, IL 60621
3,125 sq ft vacant lot for development or investment.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market426
Property Features for 6407 South Morgan Street
General Information
Standard status
Active
Lot size
0.07 Acres
Property subtype
Land
Taxes and HOA fees
Annual Taxes
$188
Listing Agency:
Serene Realty, Inc.
Listed By:
Elijah Reese · License #471019825
(312) 848-2947
Source:
Compass
Added: Jul 29, 2025
Changed: Sep 26
Last Checked: Sep 26 at 12:45PM
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 Serene Realty, Inc.
Investment Insights
Based on property information with market context.
This 3,125 sq ft vacant lot is located on Chicago's South Side. It offers a foundation to create something meaningful for a developer, investor, or future homeowner ready to design from the ground up. The parcel offers flexibility for new construction. It is suitable to build a modern single-family home, develop an income-producing property, or secure the lot now as a strategic long-term investment in an area seeing continued growth and reinvestment. The site is conveniently located near transportation, schools, parks, and everyday amenities, blending accessibility with opportunity. It allows control of the design, layout, and future value from day one.
Key Highlights
- Vacant 3,125 sq ft lot offering development potential in Chicago's South Side.
- Opportunity to build a single‑family home or income‑producing property.
- Strategic long‑term investment in an area with continued growth and reinvestment.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
833
Businesses Nearby
Explore this area
Business Placement
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?
Residential land & home lot - 3,125 sq ft vacant lot for development or investment.
Where is this residential land & home lot located?
The property is located at 6407 South Morgan Street Chicago, IL.
What is the asking price?
The asking price for this property is $55,000.
What are key features of this property?
This property features: Vacant 3,125 sq ft lot offering development potential in Chicago's South Side.; Opportunity to build a single‑family home or income‑producing property.; Strategic long‑term investment in an area with continued growth and reinvestment.
