LOT SIZE 25X125
MLS#12702751
STATUSNew
PROPERTY TYPELand - Residential
SCHOOLDistrict 299
Property Description
**Prime Development Opportunity - 7221 S. Sangamon St., Chicago, IL 60621** Don't miss this opportunity to acquire a **standard Chicago lot measuring approximately 25' x 125'** in the rapidly evolving Englewood community. Zoned **RS-3**, this parcel offers an excellent opportunity for builders, developers, and owner-occupants looking to construct a new single-family residence in an area experiencing continued investment and revitalization and have sold for over $400k. The neighborhood is benefiting from ongoing public and private investment, with numerous rehabilitation projects and new residential construction throughout the surrounding area. Recent fully renovated two-flats have sold in the **low-to-mid $400,000s**, demonstrating strong buyer demand for quality housing, while additional renovated and income-producing two-unit properties are actively being marketed from the **mid-$300,000s to nearly $500,000**, depending on size, finishes, and condition. Conveniently located near major transportation corridors, Kennedy-King College, parks, schools, and neighborhood amenities, this property is positioned within a community that continues to attract developers seeking affordable land with significant upside potential. The nearby Englewood Nature Trail and other community redevelopment initiatives are further contributing to the area's long-term growth and appeal. Whether you're looking to build your next home, add to your investment portfolio, or capitalize on one of Chicago's emerging neighborhoods, **7221 S. Sangamon** offers an exceptional opportunity to invest in the future of Englewood.
Property Features
Property Type: Land - Residential
Lot Size: 0.07 Acres
Taxes: $188
Feature Descriptions
Current Use: Single Family
Frontage: 25
Frontage Type: City Street
Lot Dimensions: 25X125
Parcel#: 20292130090000
Possible Use: Single Family
Road Surface: Asphalt
Township: Hyde Park
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Local Schools
School District: District 299
Listed By / Shown By
Listed By
Agency Name: Blue Door Dave Inc
Agency Phone: 312-344-1487
Shown By
Agent Name: Carol 'Korky' Williams
Agent Phone: (815) 494-7812
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 76.09 per month $56.78 Principal & Interest $15.67 Property Tax $3.65 Homeowner's InsuranceChange Payment Information
Carol 'Korky' Williams
Cell: (815) 494-7812
Fax: (815) 231-8676
Office Number: (815) 282-2222
Email Me
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7221 S Sangamon Street | MLS# 12702751
This land located at 7221 S Sangamon Street , Chicago, IL 60621 is currently listed for sale with an asking price of $12,500. The property has approximately 0.07 Acres. S Sangamon Street is located within the District 299 school district. Search Chicago real estate on cwilliams.gogambino.com today.