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7221 S Sangamon Street Chicago, IL 60621

$12,500
New / MLS# 12702751 / Land - Residential / Chicago
0 Beds

**Prime Development Opportunity - 7221 S. Sangamon St., Chicago, IL 60621** Don't miss this opportunity to acquire a **standard Chicago lot measuring approximately 25' x 125'** in the rapidly evolving Englewood community. Zoned **RS-3**, this parcel offers an excellent opportunity for builders, developers, and owner-occupants looking to construct a new single-family residence in an area experiencing continued investment and revitalization and have sold for over $400k. The neighborhood is benefiting from ongoing public and private investment, with numerous rehabilitation projects and new residential construction throughout the surrounding area. Recent fully renovated two-flats have sold in the **low-to-mid $400,000s**, demonstrating strong buyer demand for quality housing, while additional renovated and income-producing two-unit properties are actively being marketed from the **mid-$300,000s to nearly $500,000**, depending on size, finishes, and condition. Conveniently located near major transportation corridors, Kennedy-King College, parks, schools, and neighborhood amenities, this property is positioned within a community that continues to attract developers seeking affordable land with significant upside potential. The nearby Englewood Nature Trail and other community redevelopment initiatives are further contributing to the area's long-term growth and appeal. Whether you're looking to build your next home, add to your investment portfolio, or capitalize on one of Chicago's emerging neighborhoods, **7221 S. Sangamon** offers an exceptional opportunity to invest in the future of Englewood.

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Baird & Warner Kathy Hoffman Agent Cell: 773.505.4404 Email

Mortgage Calculator

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Estimated Payment

$ 47.09 per month $27.78 Principal & Interest $15.67 Property Tax $3.65 Homeowner's Insurance
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Property Details

Property Type: Land - Residential
Lot Size: 0.07 Acres
Taxes: $188

Feature Descriptions

Current Use: Single Family
Frontage: 25
Frontage Type: City Street
Lot Dimensions: 25X125
Parcel#: 20292130090000
Possible Use: Single Family
Road Surface: Asphalt
Township: Hyde Park
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer 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: Blue Door Dave Inc

Listing Office Phone: 312-344-1487



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