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Vacant Lakefront Lot With R-5 Zoning
For Sale
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6845 S Ridgeland Avenue, Chicago, IL 60649

Buildable R-5 zoned lot near the lakefront bike path and beach, offered as vacant land for residential development.

Property SizeContact for details
Days on Market64

Property Features for 6845 S Ridgeland Avenue

General Information

Standard status Active
Property subtype Land, Multifamily
Zoning MULTI
Listing Agency: KW Commercial Keller Williams Chicago-O'Hare
Listed By: Anthony Zaskowski · License #IL
Source: Crexi
Added: Jun 8 Changed: Aug 8 Last Checked: Jul 16 at 4:00AM

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 KW Commercial Keller Williams Chicago-O'Hare

Investment Insights

Based on property information with market context.

This offering is a vacant, buildable lot measuring 30 by 125 feet. The property is zoned R-5, making it suitable for residential development consistent with that zoning designation. The site is presented as land only, with no improvements identified in the provided information.

Located in Chicago’s South Shore area, the lot is described as just a few blocks from the Obama Presidential Library. The surrounding area also references a redesigned championship golf course, along with a lakefront bike path and beach, which can support neighborhood walkability and outdoor access for future residents.

For buyers, this is a straightforward land opportunity anchored by the R-5 zoning and an established residential setting. As a vacant lot, it may fit developers or owner-builders looking for a site where they can plan for a residential project to match the property’s zoning. Since the listing information does not provide utilities, exact frontage details beyond the listed dimensions, or specifics on development constraints, prospective buyers are encouraged to verify those items during due diligence.

Key Highlights

  • Vacant, buildable lot measuring 30 x 125
  • R‑5 zoning for residential development
  • Located a few blocks from the Obama Presidential Library

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Computer & Electronic Repair Kitchen & Bath Showroom Tech Support Center

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

1,375
Businesses Nearby

Demographics for 60649, IL

48,171
Population
28,249
Households
1.7
Avg Household Size
39
Median Age
25%
College-Educated
89%
High-School Grad
3.6 sq mi
ZIP Area
13,381
Density / Sq Mi
$40,142
Median Household Income
$36,474
Median Earnings
$1,066
Median Rent
$199,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable R-5 zoned lot near the lakefront bike path and beach, offered as vacant land for residential development.
Where is this residential land & home lot located?
The property is located at 6845 S Ridgeland Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: Vacant, buildable lot measuring 30 x 125; R‑5 zoning for residential development; Located a few blocks from the Obama Presidential Library
More about this property
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