1510 E 67th St Chicago, IL 60637
Grand Crossing NeighborhoodEstimated payment $1,770/month
About This Lot
Premier B3-3 mixed-use development site in the absolute path of progress at 1510 E 67th St-positioned less than a mile from the Obama Presidential Center, a transformative $800M+ global destination expected to draw 600K-750K visitors annually and anchor long-term economic growth in Woodlawn . This 12,687 SF (.29 acre) footprint offers rare scale and zoning flexibility to develop 8-12 residential units over retail, aligning perfectly with the wave of new construction already underway nearby, including recently approved 14-unit and 24-unit residential developments within blocks . Investor demand is accelerating as the neighborhood transitions-evidenced by rising rents, redevelopment activity, and institutional projects including a planned 26-story hotel and multiple new mixed-use buildings surrounding the Obama campus . Recent land comps like 1318 E 67th St closing at $975,000 validate the trajectory, while condo values exceeding $250K+ and strong rental demand create multiple exit strategies. Located near the University of Chicago, Jackson Park, the lakefront, and transit, this site sits at the epicenter of a neighborhood widely considered one of Chicago's fastest-appreciating markets, fueled directly by the Obama Center's catalytic impact on pricing, development, and investor activity . At just $299,900, this is a generational entry point to control a large-scale development site with projected $4M-$5M stabilized upside-exactly where smart developers are placing their bets today.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,298
Lot Details
- 12,197 Sq Ft Lot
- Lot Dimensions are 100 x 127
- Property is zoned MULTI
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,420 | $12,700 | $12,700 | -- |
| 2024 | $2,420 | $12,700 | $12,700 | -- |
| 2023 | $2,351 | $11,430 | $11,430 | -- |
| 2022 | $2,351 | $11,430 | $11,430 | $0 |
| 2021 | $2,298 | $11,430 | $11,430 | $0 |
| 2020 | $2,546 | $11,430 | $11,430 | $0 |
| 2019 | $2,296 | $11,430 | $11,430 | $0 |
| 2018 | $2,258 | $11,430 | $11,430 | $0 |
| 2017 | $2,050 | $9,525 | $9,525 | $0 |
| 2016 | $1,908 | $9,525 | $9,525 | $0 |
| 2015 | $1,745 | $9,525 | $9,525 | $0 |
| 2014 | $1,767 | $9,525 | $9,525 | $0 |
| 2013 | $1,732 | $9,525 | $9,525 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/24/2026 03/24/26 | For Sale | $299,900 | +426.1% | -- | |
| 12/19/2019 12/19/19 | Sold | $57,000 | -36.0% | -- | View Prior Sale |
| 11/16/2019 11/16/19 | Pending | -- | -- | -- | |
| 11/14/2019 11/14/19 | For Sale | $89,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $57,000 | Fidelity National Title | |
| Public Action Common In Florida Clerks Tax Deed Or Tax Deeds Or Property Sold For Taxes | -- | Attorney | |
| Deed | $25,000 | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12600967
APN: 20-23-228-017-0000
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Ask me questions while you tour the home.