Corner RM-5 Development
For Sale
$140,000
6659 South Greenwood Avenue, Chicago, IL 60637
Vacant corner lot with approved RM-5 zoning and fully drawn plans for an 8-unit, four-story building.
Property SizeContact for details
Lot Size0.14 Acres
Days on Market248
Property Features for 6659 South Greenwood Avenue
General Information
Standard status
Active
Lot size
0.14 Acres
Property subtype
Land
Zoning
OTHER
Additional Details
Opportunity Zone
Yes
Taxes and HOA fees
Annual Taxes
$1,536
Listing Agency:
Coldwell Banker Residential
(312) 915-4722
Listed By:
Bruce · License #471007740
(312) 915-4722
Source:
Compass
Added: Dec 4, 2025
Changed: Aug 8
Last Checked: Mar 25 at 4:41PM
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 Residential
Investment Insights
Based on property information with market context.
Vacant corner lot offered with approved RM-5 zoning and fully drawn plans for an 8-unit, four-story building. The seller is also providing full architectural designs for serious buyers, intended to shorten the design and development path.
The property is located within both a Federal Opportunity Zone and a Federal Enterprise Zone. It sits directly across from the Oak Wood Cemetery entrance and is about a half block from Wadsworth Stem Elementary School. Additional nearby points include the 63rd & Cottage Grove “EL” stop, the University of Chicago, and Jackson Park.
This shovel-ready development site is positioned for a multi-unit project based on the submitted and approved RM-5 framework and existing plan package.
The property is located within both a Federal Opportunity Zone and a Federal Enterprise Zone. It sits directly across from the Oak Wood Cemetery entrance and is about a half block from Wadsworth Stem Elementary School. Additional nearby points include the 63rd & Cottage Grove “EL” stop, the University of Chicago, and Jackson Park.
This shovel-ready development site is positioned for a multi-unit project based on the submitted and approved RM-5 framework and existing plan package.
Key Highlights
- +/- 6,150 SF vacant corner lot with approved RM‑5 zoning
- Fully drawn plans included for an 8‑unit, four‑story building
- Development site located across from the Oak Wood Cemetery entrance
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
888
Businesses Nearby
Explore this area
Business Placement
Demographics for 60637, IL
53,555
Population
26,717
Households
2
Avg Household Size
31
Median Age
37%
College-Educated
89%
High-School Grad
4.5 sq mi
ZIP Area
11,901
Density / Sq Mi
$42,080
Median Household Income
$33,227
Median Earnings
$1,170
Median Rent
$243,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant corner lot with approved RM-5 zoning and fully drawn plans for an 8-unit, four-story building.
Where is this residential land & home lot located?
The property is located at 6659 South Greenwood Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: +/- 6,150 SF vacant corner lot with approved RM‑5 zoning; Fully drawn plans included for an 8‑unit, four‑story building; Development site located across from the Oak Wood Cemetery entrance
