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$600,000
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Property Description
Exceptional development opportunity in the heart of South Shore. This expansive 40,453 SF parcel (250' x 163') is zoned RT-4 and offers outstanding potential for a luxury single-family residence, duplex development, or multi-unit residential project. Surrounded by mature trees and positioned on a beautiful residential block, the site is ideally located near the Obama Presidential Center, Lake Michigan, the 71st Street retail corridor, and the South Shore Cultural Center. Nestled near the historic Jackson Park Highlands neighborhood and amid ongoing new construction and investment activity, this property presents a compelling opportunity for developers, builders, and long-term investors alike. Convenient access to Lake Shore Drive, CTA transit, and the Metra Electric enhances appeal for future residents and supports strong long-term value. The seller is willing to divide the property into either ten 25' x 163' parcels or five 50' x 163' parcels, offering added flexibility for a range of development plans. A builder is also in place and available to assist with project execution if desired.
Full Property Details
Full Property Details for 7016 S East End Ave
General
- Price: $600,000
- Taxes: $1,232 (2024)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12657831
- Updated: 6/1/2026
- Added to Site: 50 day(s) ago
Location
- Area: CHI - South Shore
- County: Cook
- Township: Hyde Park
- Driving Directions: Stony Island to 70th St., east on 70th St to East End. East End 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
- Square Feet: 0.93
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 0.93
- Lot Size (Sq. Ft.): 40,453
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 250 x 162
- Frontage: City Street, Public Road
- Frontage Feet: 250
- Street/Road Desc.: Asphalt, Concrete
- Potential Use: Condominium, Multi-Family
- Zoning: MULTI
Financial Considerations
- Tax Amount: $1,232.19
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 20243240220000
Listed by Fulton Grace Realty
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Schools
Schools serving 7016 S East End Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Parkside Elementary Community Academy 6938 South East End Avenue, Chicago, IL 60649 | PK-8 | 0.1 mi |
Hyde Park Academy High School 6220 South Stony Island Avenue, Chicago, IL 60637 | 9-12 | 1 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 7016 S East End Ave
Date
Details
Price
Change
Source
5/26/2026
Listed
$600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7016 S East End Ave
7016 S East End Avenue, Chicago, IL 60649 (MLS# 12657831) is a Lots/Land property with a lot size of 0.93 acres. 7016 S East End Avenue is currently listed for $600,000 and was received on May 26, 2026. Want to learn more about 7016 S East End Avenue? Do you have questions about finding other Lots/Land real estate for sale in South Shore? You can browse all South Shore real estate or contact a Coldwell Banker agent to request more information.

