5715 S Calumet Ave., Chicago, IL 60637

5715 S Calumet Ave., Chicago, IL 60637
Photo 1 of 4
$159,900
Beds Baths Sq. Ft. Taxes Built
0 $4,251

Est. Monthly Payment:

$1,311($957 + $354 taxes*)

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APPROVED
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Multi Site Portfolio Opportunity - This lot is a Prime RM-5 Development Opportunity - Oversized 66' x 178' (11,748 SF) cleared lot with no demolition required. Offering strong multifamily density potential. Preliminary plans drafted for two (2) 3-story buildings totaling 12 units (plans not approved). Ideal for developers-build as designed or maximize density under current zoning. Builder available to assist with any full design/build execution. Sold as-is, where-is. Buyer to verify zoning, plans, and approvals. Portfolio / Opportunity: This Property is part of a multi-lot scattered-site portfolio across the Washington Park and West Woodlawn neighborhoods. Preliminary planning and diligence completed for a proposed 33-unit multifamily scattered site development (plans not approved). Ideal for investors seeking scale in a rapidly developing corridor, with flexibility to execute the current concept or optimize density. Builder and contractor team in place for streamlined execution.
Listing courtesy of Nicholas Hansen, Home One Realty