5546 South Wells Street
5546 South Wells Street
$30,000
4,125 / 0.09
Contingent
Description
Positioned in the heart of Englewood, the vacant lot at 5546 S Wells St, Chicago, offers a remarkable development opportunity for visionary real estate developers. This 4,725 sq ft parcel is zoned RS-3, allowing for diverse residential projects including single-family homes, duplexes, and low-density constructions. The area is currently experiencing revitalization, marked by recent nearby developments that highlight the neighborhood's potential for growth and enhancement. Strategically located, this...Positioned in the heart of Englewood, the vacant lot at 5546 S Wells St, Chicago, offers a remarkable development opportunity for visionary real estate developers. This 4,725 sq ft parcel is zoned RS-3, allowing for diverse residential projects including single-family homes, duplexes, and low-density constructions. The area is currently experiencing revitalization, marked by recent nearby developments that highlight the neighborhood's potential for growth and enhancement. Strategically located, this property is within a short distance of the CTA Red Line and Midway Airport, ensuring excellent connectivity to major city hubs and convenience for future residents. The proximity to these significant transport arteries enhances the appeal of the site, making it an attractive investment for both residential and potentially mixed-use developments. Englewood itself is an area poised for growth, with several new projects in the pipeline indicating a positive trajectory in real estate development. The lot's urban setting and the neighborhood's ongoing transformation present a unique chance to contribute to and benefit from Englewood's resurgence. For developers looking to make a significant impact in a revitalizing area, this property offers the perfect ground to cultivate a thriving community-oriented project, leveraging its location and the neighborhood's developmental momentum.
- Listed by Moses Hall • MoHall Commerical & Urban Development
Property Details for 5546 South Wells Street
Area
CHI - Englewood
TownshipSouth Chicago
OwnershipFee Simple
Num Of Parking Spaces0.0
ZoningMULTI
Location
LISTING UPDATED: 05/09/2024 03:04 AM
Property Details for 5546 South Wells Street
Status | Contingent |
---|---|
MLS # | 12050625 |
Days on Market | 1 |
Taxes | $619 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land |
Year Built | - |
Lot Size | 0.09 AC |
County | Cook County |
Location
Building Information for 5546 South Wells Street
Lot Size0.09 AC
Payment Calculator
$215 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5546 South Wells Street
Property History for 5546 South Wells Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5546 South Wells Street
Taxable ValueLand$3,071Additions-Total$3,071
Tax Record2022$634 ($53 / month)
Home Facts
Beds0Lot Size4,725 SqFtStyleMiscellaneous Vacant LandCountyCOOKAPN20-16-202-057
Schools near 5546 South Wells Street
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 11 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Sherwood Elementary School PublicPK to 8 | ||
Ace Technical Charter High School Charter9 to 12 | ||
Hope College Prep High School Public9 to 11 | ||
KIPP Bloom Charter Elementary School CharterK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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