6413 S Drexel Ave Chicago, IL 60637
Woodlawn NeighborhoodEstimated payment $787/month
About This Lot
Adjacent lots also available: 6415 Drexel (also permitted for multi-family), 6411 Drexel & 6409 Drexel. Seize a premier development opportunity in the heart of Woodlawn, a high-velocity Chicago neighborhood experiencing a profound renaissance driven by massive institutional investment and the upcoming Obama Presidential Center. This prime, buildable lot offers a blank canvas for a luxury custom home or a high-density multi-unit project, perfectly positioned within walking distance of the University of Chicago, Jackson Park, and the lakefront. With the area's favorable zoning and a surge in new construction velocity, this shovel-ready site allows you to capitalize on the growing demand for modern housing in a strategically located corridor. Bring your architect and your vision to one of the city's most watched markets, where rapid appreciation and urban energy create the ideal foundation for a design-forward rental asset or a high-end portfolio addition. While the information provided is deemed reliable, it is not guaranteed and all buyers are responsible for independently verifying zoning, lot dimensions, and all other property data with the appropriate professionals.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,760
Additional Features
- Lot Dimensions are 25 x 125
- Electricity To Lot Line
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 | $1,760 | $5,395 | $3,895 | $1,500 |
| 2024 | $1,760 | $5,395 | $3,895 | $1,500 |
| 2023 | $1,710 | $8,313 | $8,313 | -- |
| 2022 | $1,710 | $8,313 | $8,313 | $0 |
| 2021 | $1,784 | $8,872 | $8,312 | $560 |
| 2020 | $1,692 | $7,595 | $7,315 | $280 |
| 2019 | $1,526 | $7,595 | $7,315 | $280 |
| 2018 | $1,500 | $7,595 | $7,315 | $280 |
| 2017 | $1,492 | $6,930 | $6,650 | $280 |
| 2016 | $1,388 | $6,930 | $6,650 | $280 |
| 2015 | $1,219 | $6,650 | $6,650 | $0 |
| 2014 | $987 | $5,320 | $5,320 | $0 |
| 2013 | $968 | $5,320 | $5,320 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/07/2026 04/07/26 | Price Changed | $120,000 | -7.7% | -- |
| 03/11/2026 03/11/26 | For Sale | $130,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12590214
APN: 20-23-104-091-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.