$145,000

Estimated payment $991/month

Total Views 6,787
0 Acre
-- Price per Acre
0 Sq Ft Lot

About This Lot

Prime Development Opportunity in rapidly redeveloping Woodlawn at 6052 South Rhodes. Exceptional opportunity to acquire a large corner lot (approx. 10,418 sq. ft.), with 125 Feet of Frontage on 61st Street and 83 Feet on Rhodes, just steps from 383-acre Washington Park, and less than half a mile from the University of Chicago. With a Minimum Lot Area/Per Unit of 2,500 sq. ft. and current B2-1 zoning, the site is ideally suited for development. Per the City of Chicago Zoning Code: "17-3-0103-B The B2 district permits residential dwelling units on or above the ground floor." This zoning flexibility makes the property especially attractive for development. The seller is also offering a second large corner at this intersection (MLS #12454210), representing a rare chance to acquire two prime large corner development parcels in one of Chicago's most dynamic growth corridors. Highlights & Neighborhood Advantages: Excellent proximity to the University of Chicago South Campus and to the Obama Presidential Center. Unmatched CTA Green Line connectivity, offering direct access to IIT, the Loop, Fulton Market, United Center, and beyond. Strong market demand for housing near train-accessible sites. Surrounded by successful recent redevelopments, including the Jewel-Osco at 61st & Cottage Grove. Walkable to the University of Chicago campus, Logan Center, UChicago Medicine, Midway Plaisance, and two nearby Green Line stations. Just one mile from the Lakefront. With Woodlawn's revitalization well underway, this property offers tremendous potential for developers and community builders alike. Bring your vision and be part of Woodlawn's future.

Listing Agent

Wayne Beals

Exit Strategy Realty / EMA Management License #471018068 Listed on: 08/24/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,757

Parking

  • Off Alley Parking

Additional Features

  • Lot Dimensions are 83x125
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,757

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Alley

Utilities

  • Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby, Cable Available
  • Water Source: Municipal Water

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 83x125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Board Number: 8

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 2757
  • Tax Year: 2023
  • Tax Exemptions: None

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $2,757 $10,418 $10,418 --
2023 $2,678 $13,023 $13,023 --
2022 $2,678 $13,023 $13,023 $0
2021 $2,619 $13,022 $13,022 $0
2020 $2,901 $13,022 $13,022 $0
2019 $2,616 $13,022 $13,022 $0
2018 $2,572 $13,022 $13,022 $0
2017 $2,467 $11,459 $11,459 $0
2016 $2,295 $11,459 $11,459 $0
2015 $2,100 $11,459 $11,459 $0
2014 $1,740 $9,376 $9,376 $0
2013 $1,705 $9,376 $9,376 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2025 08/24/25 For Sale $145,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed $110,000 Cti
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12454285

Midwest Real Estate Data (MRED)

APN: 20-15-403-033-0000