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Vacant Lot with Owner Financing
For Sale
$80,000

656 W 61st Street, Chicago, IL 60621

Vacant lot with flexible owner financing in Chicago, Illinois.

Property SizeContact for details
Days on Market165

Property Features for 656 W 61st Street

General Information

Standard status Active
Property subtype Unimproved Land

Amenities

Electricity Nearby, Natural Gas Nearby, Water Nearby
Listing Agency: House of Real Estate
Listed By: Bridget Johnson · License #475177618
Source: Kw
Added: Mar 13 Changed: Aug 23 Last Checked: Aug 5 at 11:07AM

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 House of Real Estate

Investment Insights

Based on property information with market context.

This vacant lot presents an opportunity for development with flexible owner financing options. The seller is motivated and willing to collaborate on development concepts, offering a rare chance to secure land with creative deal structure options.

Key Highlights

  • Owner financing available
  • Motivated seller
  • Seller willing to collaborate on development concepts

Property Analytics

Current Use

Land

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Gym & Fitness Center Building Supply Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Land - Vacant lot with flexible owner financing in Chicago, Illinois.
Where is this land located?
The property is located at 656 W 61st Street Chicago, IL.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Owner financing available; Motivated seller; Seller willing to collaborate on development concepts
More about this property
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