South Shore Development
7016 S EAST END Avenue, Chicago, IL 60649
For Sale
$600,000
Large RT-4 zoned parcel near Obama Presidential Center.
Property SizeContact for details
Lot Size0.93 Acres
Days on Market172
Property Features for 7016 S EAST END Avenue
General Information
Standard status
Lot size
Property subtype
Site & Location
Neighborhood
Amenities
Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Listing Agency:
Fulton Grace Realty
Listed By:
Richard Lomax · License IL #471019124
(312) 451-8463
Source:
Kw
Added: May 27
Changed: Nov 6
Last Checked: Nov 12 at 12:53PM
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 Fulton Grace Realty
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Investment Insights
Based on property information with market context.
This is an exceptional development opportunity in the South Shore area. The expansive 40,453 square foot parcel, measuring 250 feet by 163 feet, is zoned RT-4 and offers potential for a luxury single-family residence, duplex development, or multi-unit residential project. The site is surrounded by mature trees and positioned on a residential block near the Obama Presidential Center, Lake Michigan, the 71st Street retail corridor, and the South Shore Cultural Center. It is located near the Jackson Park Highlands neighborhood, amid new construction and investment activity. The property offers convenient access to Lake Shore Drive, CTA transit, and the Metra Electric. The seller is willing to divide the property into either ten 25 foot by 163 foot parcels or five 50 foot by 163 foot parcels, offering flexibility for development plans. A builder is available to assist with project execution.
Key Highlights
- Large 40,453 SF parcel zoned RT‑4, suitable for various development projects.
- Prime location near the Obama Presidential Center, Lake Michigan, and the South Shore Cultural Center.
- Seller offers flexibility to divide the property into smaller parcels.
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,016
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Large RT-4 zoned parcel near Obama Presidential Center.
Where is this residential land & home lot located?
The property is located at 7016 S EAST END Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Large 40,453 SF parcel zoned RT‑4, suitable for various development projects.; Prime location near the Obama Presidential Center, Lake Michigan, and the South Shore Cultural Center.; Seller offers flexibility to divide the property into smaller parcels.
