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5546 S Wells Street, Chicago, IL 60621
$30,000
5546 S Wells Street, Chicago, IL 60621View this property at 5546 S Wells Street, Chicago, IL 60621
5546 S Wells StreetChicagoIL60621
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Property Description
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.
Full Property Details
Full Property Details for 5546 S Wells St
General
- Sold For: $30,000
- Taxes: $619 (2021)
- Status: Closed
- Type: Lots/Land
- Source: MRED
- MLS ID: 12050625
- Added to Site: 158 day(s) ago
Location
- Area: CHI - Englewood
- County: Cook
- Driving Directions: 5500 South to Wells turn south to address
School Information
- School District: 299
- Midd School District: 299
Utilities
- Onsite: Gas Nearby, Water to Site
Structural Information
- Current Bldg. Use: Multi-Family, Single Family
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 33 x 125
- Frontage: City Street
- Frontage Feet: 33
- Street/Road Desc.: Asphalt, Dirt
- Zoning: MULTI
Financial Considerations
- Tax Amount: $619.37
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20162020570000
Listed by MoHall Commerical & Urban Development
Sold by Non Member
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Schools
Schools serving 5546 S Wells St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
245 W 57th St, Chicago, IL 60621 | PK-8 | 0.1 mi | |
Englewood Stem High School
6835 S Normal Blvd, Chicago, IL 60621 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5546 S Wells St
Date
Details
Price
Change
Source
6/13/2024
Sold
$30,000
—
MLS
5/08/2024
Listed
$30,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5546 S Wells Street, Chicago, IL 60621 (MLS# 12050625) is a Lots/Land property that was sold at $30,000 on June 13, 2024. Want to learn more about 5546 S Wells Street? 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.