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  • $225,000

    5415 S Prairie Ave, Chicago, IL 60615

    --beds
    --baths
    9,000Square Feet
    Unimproved Land
    Built in ----
    9,000 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Oversized parcel
    An Exceptional Double Lot Opportunity in the Heart of Bronzeville! Positioned along one of Chicago's most historically rich corridors, 5415 S. Prairie Avenue presents a rare opportunity to shape the future of Bronzeville with a 50 x 180 double lot (approx. 9,147 sq ft) zoned RS-3-perfectly suited for a custom single-family residence with allowed ADU units, thoughtfully designed modern two-flats or upzoning to RT-4 or RM-5 if aiming for 3+ units. Set within the vibrant Bronzeville/Grand Boulevard community, this oversized parcel is surrounded by a dynamic blend of classic Chicago greystones and striking new construction, reflecting the neighborhood's continued growth and strong investment appeal. King Drive anchors the area with a rich mix of local restaurants, cafes, and neighborhood staples, creating a lifestyle rooted in culture, history, and convenience. Location is everything-and this one delivers. Just minutes away, you'll find Washington Park, offering expansive green space, walking trails, and recreational amenities, along with the renowned DuSable Black History Museum and Education Center, a cornerstone of Chicago's cultural legacy. Enjoy easy access to the lakefront with 57th Street Beach, perfect for summer days, bike rides, and scenic relaxation. Daily conveniences are just around the corner, including Whole Foods Market and Trader Joe's, along with the popular dining and shopping corridor along 53rd Street in Hyde Park, known for its vibrant restaurant scene and local boutiques. The property is also ideally located near the prestigious University of Chicago, as well as the world-class Museum of Science and Industry and Chicago's iconic Museum Campus, home to the Field Museum, Shedd Aquarium, and Adler Planetarium. Commuting is seamless with nearby access to the CTA Green Line (43rd & 47th Street stations) and the Red Line via Sox/35th, along with multiple CTA bus routes including #3 King Drive and #47 47th Street. For drivers, proximity to Lake Shore Drive and I-90/94 (Dan Ryan Expressway) ensures quick travel throughout the city. This is more than just land-it's an opportunity to build in a location that connects history, culture, education, recreation, and modern living. Whether you envision a timeless residence or a standout new construction project, 5415 S. Prairie Avenue offers the scale, setting, and accessibility to bring your vision to life.
    102 days
    |
    35
    |
    2
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    Zillow last checked:

    Listing updated:

    Listed by:

    Paulette Edwards 773-837-0383,

    Coldwell Banker Realty,

    Sybil Martin,

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12603145MLS Logo

      Facts & features

      Interior

      Video & virtual tour

      Property

      Features
      • Frontage length: 50
      Lot
      • Size: 9,000 Square Feet
      • Dimensions: 50X180
      Details
      • Parcel number: 20103150030000
      • Zoning: MULTI
      • Special conditions: None

      Utilities & green energy

      • Utilities for property: None

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $315,000
      • Annual tax amount: $6,351
      • Date on market: 3/27/2026
      • Ownership: Fee Simple
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,010/mo

        Price history

        DateEventPrice
        3/27/2026Listed for sale$225,000-5.3%
        Source: MRED as distributed by MLS GRID #12603145 Report a problem
        10/4/2025Listing removed$237,500
        Source: MRED as distributed by MLS GRID #12333229 Report a problem
        8/4/2025Price change$237,500-5%
        Source: MRED as distributed by MLS GRID #12333229 Report a problem
        4/9/2025Listed for sale$250,000-16.7%
        Source: MRED as distributed by MLS GRID #12333229 Report a problem
        11/10/2008Sold$300,000+117.4%
        Source: Public Record Report a problem
        2/26/2002Sold$138,000+922.2%
        Source: Public Record Report a problem
        2/26/1999Sold$13,500
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $31,500 +105.9%
        2023$3,239 +2.6%$15,300
        2022$3,157 +2.3%$15,300
        2021$3,086 -9.5%$15,300
        2020$3,408 +10.9%$15,300
        2019$3,074 +1.7%$15,300
        2018$3,022 +11.4%$15,300 +21.4%
        2017$2,712 +7.5%$12,600
        2016$2,524 +9.3%$12,600
        2015$2,309 +15.2%$12,600 +16.7%
        2014$2,004 +2%$10,800
        2013$1,964 $10,800

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Washington Park

        Getting around

        73 / 100
        Very Walkable
        74 / 100
        Excellent Transit
        86 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 299

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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