Exceptional development opportunity in the rapidly growing Woodlawn neighborhood. This offering includes two buildable lots with separate PIN numbers, providing the potential to construct up to six residential units-three units per lot under current RT-4 zoning regulations (1,000 SF of land area required per allowable unit). Surrounded by numerous newly constructed homes and ongoing development, this property is ideally positioned for investors, developers, or builders seeking strong growth potential. Conveniently located just few blocks south of the University of Chicago, less than 1.5 miles from Jackson Park, Lake Michigan, the Obama Presidential Center site, Hyde Park, museums, shopping, dining, and public transportation. Take advantage of this rare opportunity to develop in one of Chicago's most sought-after and transforming neighborhoods.
Active
$109,900
6401 S Vernon Ave, Chicago, IL 60637
--beds
--baths
6,250Square Feet
Unimproved Land
Built in ----
6,250 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 82 days
- 46
- 1
Zillow last checked:
Listing updated:
Listed by:
Muaid Momany 773-968-4240,
Master Partners Realty
Source: MRED as distributed by MLS GRID,MLS#: 12669116
Facts & features
Interior
Appliances
- Laundry: None
Features
- Basement: None
Property
Features
- Frontage length: 50
Lot
- Size: 6,250 Square Feet
- Dimensions: 50 X 125
Details
- Additional parcels included: 20222209039000
- Parcel number: 20222090380000
- Zoning: MULTI
- Special conditions: None
Utilities & green energy
- Utilities for property: None
Community & HOA
Location
- Region: Chicago
Financial & listing details
- Tax assessed value: $60,000
- Annual tax amount: $1,209
- Date on market: 6/8/2026
- Ownership: Fee Simple
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,291/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/15/2025 | Listing removed | $99,000 |
Source: | ||
| 7/26/2024 | Listed for sale | $99,000+58.4% |
Source: | ||
| 8/3/2023 | Sold | $62,500-16.7% |
Source: | ||
| 7/7/2023 | Contingent | $75,000 |
Source: | ||
| 7/5/2023 | Listed for sale | $75,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,209 -4.8% | $6,000 |
| 2023 | $1,270 +2.9% | $6,000 |
| 2022 | $1,234 +2.3% | $6,000 |
| 2021 | $1,207 -9.7% | $6,000 |
| 2020 | $1,337 +10.9% | $6,000 |
| 2019 | $1,205 +1.7% | $6,000 |
| 2018 | $1,185 +4.3% | $6,000 +13.6% |
| 2017 | $1,137 +7.5% | $5,280 |
| 2016 | $1,058 +9.3% | $5,280 |
| 2015 | $968 +20.7% | $5,280 +22.2% |
| 2014 | $802 +2% | $4,320 |
| 2013 | $786 | $4,320 |
Find assessor info on the county website




