This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$32,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
Build your vision from the ground up with this vacant lot in Chicago's historic Englewood community Whether you're an investor, developer or future homeowner, this property offers an excellent opportunity to create a new single-family home, multi-unit residence (subject to zoning) or another approved development development in an area experiencing ongoing revitalization. Conveniently located near public transportation, the Dan Ryan expressway, schools, parks and neighborhood amenities, this parcel provides easy access to downtown Chicago. With new construction and redevelopment continuing throughout this area, now is the perfect time to secure land and bring your vision to life. Buyer to perform all due diligence regarding zoning, permitted uses, utilities and building requirements. Don't miss this opportunity to invest in Englewood!
Full Property Details
Full Property Details for 5540 S Princeton Ave
General
- Price: $32,000
- Taxes: $650 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12706852
- Updated: 8/3/2026
- Added to Site: 22 day(s) ago
Location
- Area: CHI - Englewood
- County: Cook
- Township: Lake
- Driving Directions: Take Garfield Boulevard to Princeton Ave, turn south, proceed to address
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, Water Nearby
Structural Information
- Current Bldg. Use: Single Family, Other
Lot Features
- Lot Size (Sq. Ft.): 4,725
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 35 x 135
- Frontage: City Street
- Frontage Feet: 35
- Street/Road Desc.: Concrete
Financial Considerations
- Tax Amount: $650
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20162010540000
Listed by Suite 527 Realty Group, LLC
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 5540 S Princeton Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Sherwood Elementary School, Chicago, IL 245 West 57th Street, Chicago, IL 60621 | PK-8 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5540 S Princeton Ave
Date
Details
Price
Change
Source
7/28/2026
Listed
$32,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5540 S Princeton Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$650
—
$1,418
-54%
2023
$650
3%
$3,071
—
2022
$634
2%
$3,071
—
2021
$619
-10%
$3,071
—
2020
$684
11%
$3,071
—
2019
$617
2%
$3,071
—
2018
$607
—
$3,071
8%
2017
$610
7%
$2,835
—
2016
$568
9%
$2,835
—
2015
$519
8%
$2,835
9%
2014
$482
2%
$2,598
—
2013
$472
1%
$2,598
—
2012
$466
—
$2,598
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5540 S Princeton Ave
5540 S Princeton Avenue, Chicago, IL 60621 (MLS# 12706852) is a Lots/Land property with a lot size of acres. 5540 S Princeton Avenue is currently listed for $32,000 and was received on July 28, 2026. Want to learn more about 5540 S Princeton Avenue? Do you have questions about finding other Lots/Land real estate for sale in Englewood? You can browse all Englewood real estate or contact a Coldwell Banker agent to request more information.

