5715 S Calumet Avenue, Chicago, IL

$159,900

Overview

  • 395980
  • Property ID
  • Updated On:
  • April 22, 2026
  • 0 ft2
  • Property Lot Size

Description

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.

Other Features
None

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$819.84
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 619.96

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Information for the property at 5715 S Calumet Avenue, Chicago, IL, 60637 (Property ID: 395980) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi