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.
179 days
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Zillow last checked:
Listing updated:
Listed by:
Elijah Reese, ABR,MRP,PSA,SRS312-848-2947,
Serene Realty, Inc.,
Vadie Reese, BPOR,SFR,SRES,SRS,
Serene Realty, Inc.
Source: MRED as distributed by MLS GRID,MLS#: 12576652
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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,712/mo
Price history
Date
Event
Price
2/25/2026
Listed for sale
$40,000+207.7%
Source: MRED as distributed by MLS GRID #12576652Report a problem
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.