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  • $40,000

    5647 S Peoria St, Chicago, IL 60621

    --beds
    --baths
    4,500Square Feet
    Unimproved Land
    Built in ----
    4,500 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Prime South Side Development Opportunity: Unlock the potential at 5647 S. Peoria. This 4,500 sq ft vacant lot offers a rare opportunity for builders, developers, and forward-thinking investors ready to capitalize on Chicago's ongoing growth and revitalization. Positioned in an established South Side corridor, this parcel provides the flexibility to bring new construction to life-whether you're planning a single-family residence, investment build, or long-term hold strategy. With a generous lot footprint and strong development upside, this property presents a clear path for value creation. Located near major transportation routes, neighborhood amenities, and ongoing area improvements, the lot sits in a community where demand for quality housing continues to grow. Utilities and infrastructure are accessible within the surrounding area, making this an ideal candidate for your next project. Vacant land in Chicago with this type of development potential does not stay available for long. Secure your position, design your vision, and build with confidence. Drive by today and imagine the possibilities-then submit your offer.
    132 days
    |
    5
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elijah Reese, ABR,MRP,PSA,SRS 312-848-2947,

    Serene Realty, Inc.,

    Vadie Reese, BPOR,SFR,SRES,SRS,

    Serene Realty, Inc.

    Source: MRED as distributed by MLS GRID,MLS#: 12576652MLS Logo

      Facts & features

      Interior

      Appliances
      • Laundry: None
      Features
      • Basement: None

      Property

      Features
      • Frontage length: 36
      Lot
      • Size: 4,500 Square Feet
      Details
      • Parcel number: 20172140140000
      • Special conditions: None

      Utilities & green energy

      • Utilities for property: None

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $13,500
      • Annual tax amount: $617
      • Date on market: 2/25/2026
      • Ownership: Fee Simple
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,712/mo

        Price history

        DateEventPrice
        2/25/2026Listed for sale$40,000+207.7%
        Source: MRED as distributed by MLS GRID #12576652 Report a problem
        9/9/2004Sold$13,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $1,350 -53.8%
        2023$617 +2.6%$2,925
        2022$602 +2.3%$2,925
        2021$588 -9.7%$2,925
        2020$652 +10.9%$2,925
        2019$588 +1.7%$2,925
        2018$578 -0.6%$2,925 +8.3%
        2017$581 +7.5%$2,700
        2016$541 +9.3%$2,700
        2015$495 +7.7%$2,700 +9.1%
        2014$459 +2%$2,475
        2013$450 $2,475

        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: Englewood

        Getting around

        64 / 100
        Somewhat Walkable
        60 / 100
        Good Transit
        65 / 100
        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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