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  • $600,000

    7016 S East End Ave, Chicago, IL 60649

    --beds
    --baths
    0.93Acres
    Unimproved Land
    Built in ----
    0.93 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Exceptional development opportunity in the heart of South Shore. This expansive 40,453 SF parcel (250' x 163') is zoned RT-4 and offers outstanding potential for a luxury single-family residence, duplex development, or multi-unit residential project. Surrounded by mature trees and positioned on a beautiful residential block, the site is ideally located near the Obama Presidential Center, Lake Michigan, the 71st Street retail corridor, and the South Shore Cultural Center. Nestled near the historic Jackson Park Highlands neighborhood and amid ongoing new construction and investment activity, this property presents a compelling opportunity for developers, builders, and long-term investors alike. Convenient access to Lake Shore Drive, CTA transit, and the Metra Electric enhances appeal for future residents and supports strong long-term value. The seller is willing to divide the property into either ten 25' x 163' parcels or five 50' x 163' parcels, offering added flexibility for a range of development plans. A builder is also in place and available to assist with project execution if desired.
    50 days
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    26
    |
    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Richard Lomax rich@gramercysold.com,

    Fulton Grace Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12657831MLS Logo

      Facts & features

      Property

      Features
      • Frontage length: 250
      Lot
      • Size: 0.93 Acres
      • Dimensions: 250 X 162
      Details
      • Parcel number: 20243240220000
      • Zoning: MULTI
      • Special conditions: None

      Utilities & green energy

      • Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

      Community & HOA

      Location
      • Region: Chicago

      Financial & listing details

      • Tax assessed value: $61,140
      • Annual tax amount: $1,232
      • Date on market: 5/26/2026
      • Ownership: Fee Simple
      • Road surface type: Asphalt, Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,358/mo

        Price history

        DateEventPrice
        5/26/2026Listed for sale$600,000+400%
        Source: MRED as distributed by MLS GRID #12657831 Report a problem
        9/13/2005Sold$120,000+20%
        Source: Public Record Report a problem
        12/11/2003Sold$100,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $6,114 -16.7%
        2023$1,553 +3%$7,336
        2022$1,509 +2.3%$7,336
        2021$1,475 -9.7%$7,336
        2020$1,634 +10.9%$7,336
        2019$1,474 +1.7%$7,336
        2018$1,449 +3.2%$7,336 +12.5%
        2017$1,404 +7.5%$6,521
        2016$1,306 +9.3%$6,521
        2015$1,195 +12.9%$6,521 +14.3%
        2014$1,059 +2%$5,706
        2013$1,038 $5,706
        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: South Shore

        Getting around

        79 / 100
        Very Walkable
        67 / 100
        Good Transit
        53 / 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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