$249,000
For Sale by Owner
Listed 1 month ago

Land for Sale in Chicago, IL

1510 E 67th St, Chicago, IL 60637
PropSlick Verified Data Key facts & insights for this exact address
$2,420
Property Tax / yr
12,197 sf
Lot Size
Cook
County

Key Facts

Property TypeLand
Lot Size12,197 sq ft
Annual Property Tax$2,420

Property Description

**PRIME WOODLAWN DEVELOPMENT OPPORTUNITY - B3-3 ZONING - APPROX. 12,687 SF - 100 FT OF 67TH STREET FRONTAGE - NOW OFFERED AT $249,000.** Timing and location converge at 1510 E. 67th Street, a substantial development site positioned in the heart of Woodlawn's ongoing transformation and less than one mile from the newly opened Obama Presidential Center. This is no longer a bet on what is coming-the Obama Presidential Center officially opened to the public in June 2026, bringing a world-class museum, Chicago Public Library branch, athletic facilities, gardens, public art, programming and expansive public spaces to a 19.3-acre Jackson Park campus just blocks from this site. Offered at approximately **$19.63 per land SF**, this 100' x 127' parcel provides exceptional frontage, scale and B3-3 zoning flexibility for a developer, investor or long-term landholder seeking exposure to one of the South Side's most important investment corridors. B3-3 Community Shopping District zoning can support a variety of commercial and mixed-use concepts, subject to zoning and municipal approvals, creating potential to pair ground-floor commercial uses with residential development above. The site is vacant and ready for a buyer's vision, with electric, gas and water reported nearby and immediate access from 67th Street. The location is exceptionally strategic-near the Obama Presidential Center, University of Chicago, Jackson Park, Lake Michigan, Stony Island Avenue, Metra and CTA transportation, neighborhood retail and the broader Hyde Park/Woodlawn employment and institutional base. For additional perspective on the strength of the 67th Street corridor, **1318 E. 67th Street sold for $975,000 in September 2022**, demonstrating the level of capital that has already been deployed along this same street. That larger approximately 22,651 SF property included commercial improvements and is not presented as a direct vacant-land comparison, but its sale reinforces the development interest and long-term significance of this corridor. **At $249,000, the subject is being offered at a fraction of that acquisition price and at an entry basis of approximately $19.63/SF.** With nearly 13,000 SF of land, 100 feet of frontage, flexible B3-3 zoning and a location immediately benefiting from one of the most significant cultural and economic investments ever made on Chicago's South Side, opportunities with this combination of scale, zoning, frontage and basis are increasingly difficult to replicate. **Develop now, assemble strategically, or hold for the continued evolution of Woodlawn-1510 E. 67th Street offers the land, location and zoning to participate in the neighborhood's next chapter. Buyer to independently verify zoning, permitted uses, density, utilities, dimensions and development feasibility with the City of Chicago and appropriate professionals.**

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Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

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