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1510 E 67th Street Chicago, IL 60637

$299,900
New / MLS# 12600967 / Land - Residential / Chicago
0 Beds

Premier B3-3 mixed-use development site in the absolute path of progress at 1510 E 67th St-positioned less than a mile from the Obama Presidential Center, a transformative $800M+ global destination expected to draw 600K-750K visitors annually and anchor long-term economic growth in Woodlawn . This 12,687 SF (.29 acre) footprint offers rare scale and zoning flexibility to develop 8-12 residential units over retail, aligning perfectly with the wave of new construction already underway nearby, including recently approved 14-unit and 24-unit residential developments within blocks . Investor demand is accelerating as the neighborhood transitions-evidenced by rising rents, redevelopment activity, and institutional projects including a planned 26-story hotel and multiple new mixed-use buildings surrounding the Obama campus . Recent land comps like 1318 E 67th St closing at $975,000 validate the trajectory, while condo values exceeding $250K+ and strong rental demand create multiple exit strategies. Located near the University of Chicago, Jackson Park, the lakefront, and transit, this site sits at the epicenter of a neighborhood widely considered one of Chicago's fastest-appreciating markets, fueled directly by the Obama Center's catalytic impact on pricing, development, and investor activity . At just $299,900, this is a generational entry point to control a large-scale development site with projected $4M-$5M stabilized upside-exactly where smart developers are placing their bets today.

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Estimated Payment

$ 945.42 per month $666.44 Principal & Interest $191.50 Property Tax $87.47 Homeowner's Insurance
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Property Details

Property Type: Land - Residential
Lot Size: 0.28 Acres
Taxes: $2,298

Feature Descriptions

Frontage: 100
Frontage Type: City Street
Lot Dimensions: 100 X 127
Parcel#: 20232280170000
Road Surface: Asphalt
Township: Hyde Park
Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Straight-A Realty, LLC

Listing Office Phone: 630-288-2446



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