Cook, US
Located in both a Federal Opportunity Zone and a Federal Enterprise Zone (providing incredible tax benefits to a developer) this +/- 6,150 SF, RM-5, CORNER, vacant lot is a rare chance to acquire a shovel-ready development site that comes with approved RM-5 zoning and fully drawn plans for an 8-unit, 4-story building. This saves a small fortune in architectural and development costs! It will, also, save a builder/developer 6 to 12 months in entitlement and permitting time. Located directly across from the Oak Wood Cemetery entrance (providing a great view south overlooking the beautiful administrative building and lawn) and 1/2 block to the highly ranked Wadsworth Stem Elementary school. Also, within walking distance of the 63rd & Cottage Grove "EL" stop, the University of Chicago and Jackson Park, this site is well located in this high-demand rental and sales market. The seller is offering full architectural designs to serious buyers, giving you a valuable head start toward bringing this project to life. Don't miss this time-saving, development ready, tax assisted opportunity.
Courtesy Of: Coldwell Banker Realty
General Features
- List Date:
- 01/09/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 48.9x125.7x49x125.7
Financial
- Days On Market:
- 8
- Tax Annual Amount:
- $1,536.31
- Tax Year:
- 2024
Other Features
- Elementary School District:
- 299
- High School District:
- 299
- Middle Or Junior School District:
- 299
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Data last updated: 2026-01-17.
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