5546 S Wells Street Chicago, IL 60621
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.
- Property TypeLand
- NeighborhoodN/A
- CountyCook
- Taxes$619
- HOA/Condo/Coop Fees$0
- Days on Site23 Days
- MLS StatusActive Under Contract
- MLS ID Number12050625
- Home Size Source N/A
- Year BuiltN/A
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 0
- Zoning MULTI
- General Information None
- Lot Size Less Than .25 Acre
- Parking Total 0
Interior Features
- Utilities Gas NearbyWater to Site
Exterior Features
- Waterfront Property No
Community Features
- Township South Chicago
- MLS Area CHI - Englewood