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Residential Land for Sale in Chicago, Illinois

6413 S Drexel Ave, Chicago, IL 60637

$130,000
Active
ago
Est $1,023/mo

This lot already has an approved building permit for a multi-family dwelling! Also available: 6415 Drexel (also permitted for multi-family), 6411 Drexel & 6409 Drexel. Seize a premier development opportunity in the heart of Woodlawn, a high-velocity Chicago neighborhood experiencing a profound renaissance driven by massive institutional investment and the upcoming Obama Presidential Center. This prime, buildable lot offers a blank canvas for a luxury custom home or a high-density multi-unit project, perfectly positioned within walking distance of the University of Chicago, Jackson Park, and the lakefront. With the area's favorable zoning and a surge in new construction velocity, this shovel-ready site allows you to capitalize on the growing demand for modern housing in a strategically located corridor. Bring your architect and your vision to one of the city's most watched markets, where rapid appreciation and urban energy create the ideal foundation for a design-forward rental asset or a high-end portfolio addition. While the information provided is deemed reliable, it is not guaranteed and all buyers are responsible for independently verifying zoning, lot dimensions, and all other property data with the appropriate professionals.

Location

Street address
6413 S Drexel Ave
Community
CHI - Woodlawn
Elevation
590 feet
Coordinates
41.7782, -87.6025

Property details

MLS #
MRED 12590214
Posted

Property taxes

2023
$1,760

Parcels

  • 20231040910000

Property utilities

CategoryTypeStatus
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Mar 12, 2026New listing$130,000MRED
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This property is located at 6413 S Drexel Ave in Chicago, IL 60637. The property is available for sale for $130,000.

Checked 2 hours ago — Updated

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