Date
Details
Price
Change
Source
1/02/2026
Listed
$199,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$199,995
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Property Description
BUILD THE FUTURE: PRIME WASHINGTON PARK DEVELOPMENT SITE READY FOR YOUR VISION! Developers, get ready to build in one of Chicago's most vibrant growth corridors! This is not just land; it's a blank canvas for your next residential masterpiece in the thriving Washington Park neighborhood. Dual Lots, Dual Potential: Secure two adjacent parcels: 5254 S. Indiana Ave: A substantial 30x145 footprint. 5256 S. Indiana Ave: An additional 16x145 space. Both lots are zoned RM5, offering immense flexibility for a multitude of residential projects. Bring your creative ideas! Positioned in a neighborhood experiencing significant revitalization. Just a quick 10-minutes to the future Obama Presidential Center, a major area anchor and value driver. Don't just watch Washington Park grow-shape it! This exciting development opportunity won't last long. Imagine the possibilities and make them a reality.
Full Property Details
Full Property Details for 5254 S Indiana Ave
General
- Price: $199,995
- Taxes: $3,144 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12538347
- Updated: 1/8/2026
- Added to Site: 14 day(s) ago
Additional Information
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Location
- Area: CHI - Washington Park
- County: Cook
- Township: Hyde Park
- Driving Directions: Michigan Ave south/North to 52nd Ave
School Information
- School District: 299
- Elem School District: 299
- Midd School District: 299
- High School District: 299
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Structural Information
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Sq. Ft.): 6,796
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 46 x 145
- Frontage: City Street
- Frontage Feet: 46
- Street/Road Desc.: Asphalt
- Zoning: MULTI
Financial Considerations
- Tax Amount: $3,144.28
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20103030290000
Listed by Pearson Realty Group
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— 5254 S Indiana Ave —
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Schools
Schools serving 5254 S Indiana Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Burke Elementary School 5356 South King Drive, Chicago, IL 60615 | PK-8 | 0.3 mi |
Phillips Academy High School 244 East Pershing Road, Chicago, IL 60653 | 12-11 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5254 S Indiana Ave
Estimate the Cost
Estimate the Cost for 5254 S Indiana Ave
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,381Sq. Ft.
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- Single Family
- Active
- Updated 11 hours ago
- 4Beds
- 2Total Baths
- 1,700Sq. Ft.
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5254 S Indiana Avenue, Chicago, IL 60615 (MLS# 12538347) is a Lots/Land property with a lot size of acres. 5254 S Indiana Avenue is currently listed for $199,995 and was received on January 02, 2026. Want to learn more about 5254 S Indiana Avenue? Do you have questions about finding other Lots/Land real estate for sale in Washington Park? You can browse all Washington Park real estate or contact a Coldwell Banker agent to request more information.