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$140,000

  • For Sale
  • Active
  • Lots/Land
  • Updated 2 days ago
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Located in both a Federal Opportunity Zone and a Federal Enterprise Zone (providing incredible tax benefits to a developer) this +/- 6,150 SF, RM-5, CORNER, vacant lot is a rare chance to acquire a shovel-ready development site that comes with approved RM-5 zoning and fully drawn plans for an 8-unit, 4-story building. This saves a small fortune in architectural and development costs! It will, also, save a builder/developer 6 to 12 months in entitlement and permitting time. Located directly across from the Oak Wood Cemetery entrance (providing a great view south overlooking the beautiful administrative building and lawn) and 1/2 block to the highly ranked Wadsworth Stem Elementary school. Also, within walking distance of the 63rd & Cottage Grove "EL" stop, the University of Chicago and Jackson Park, this site is well located in this high-demand rental and sales market. The seller is offering full architectural designs to serious buyers, giving you a valuable head start toward bringing this project to life. Don't miss this time-saving, development ready, tax assisted opportunity.

Full Property Details for 6659 S Greenwood Ave

General

  • Price: $140,000
  • Taxes: $1,536 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12544822
  • Updated: 1/16/2026
  • Added to Site: 9 day(s) ago

Additional Information

  • Other Features: Flood Zone

Location

  • Area: CHI - Woodlawn
  • County: Cook
  • Township: South Chicago
  • Driving Directions: East or west on 67th to South Greenwood 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, Water Nearby

Structural Information

  • Current Bldg. Use: Agricultural

Lot Features

  • Lot Size (Sq. Ft.): 6,150
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 48.9 x 125.7 x 49 x 125.7
  • Frontage: City Street, Paved
  • Frontage Feet: 48
  • Street/Road Desc.: Concrete
  • Potential Use: Condominium, Multi-Family
  • Zoning: OTHER

Financial Considerations

  • Tax Amount: $1,536.31
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Demographics, Tax Bill, Topographic Maps, Traffic Counts
  • Property ID: 20231250110000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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Schools serving 6659 S Greenwood Ave

School District:Chicago Public School District 299
NameGradesDistance
Wadsworth PreK-8th STEM School
6650 South Ellis Avenue, Chicago, IL 60637
PK-80.1 mi
Hyde Park Academy High School
6220 South Stony Island Avenue, Chicago, IL 60637
9-120.9 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 6659 S Greenwood Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/09/2026
Listed
$140,000
-15.15%
MLS
3/01/2022
Sold
$165,000
—
Public Record
Get Price Alerts and Save Property
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 for 6659 S Greenwood Ave

Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,420
3%
$6,707
—
2022
$1,379
2%
$6,707
—
2021
$1,349
-10%
$6,707
—
2020
$1,494
11%
$6,707
—
2019
$1,348
2%
$6,707
—
2018
$1,325
1%
$6,707
10%
2017
$1,313
8%
$6,098
—
2016
$1,221
9%
$6,098
—
2015
$1,117
23%
$6,098
25%
2014
$905
2%
$4,878
—
2013
$887
1%
$4,878
—
2012
$875
—
$4,878
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Lane Chesebro

6659 S Greenwood Avenue, Chicago, IL 60637 (MLS# 12544822) is a Lots/Land property with a lot size of acres. 6659 S Greenwood Avenue is currently listed for $140,000 and was received on January 09, 2026. Want to learn more about 6659 S Greenwood Avenue? Do you have questions about finding other Lots/Land real estate for sale in Woodlawn? You can browse all Woodlawn real estate or contact a Coldwell Banker agent to request more information.

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