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$200,000
4 Days On Site

5755 S Calumet Avenue
Chicago, IL 60637

For Sale|Land|Active
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Compass
Call Now: 312-767-7744
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312-767-7744
5755 S Calumet Avenue5755 S Calumet Avenue5755 S Calumet Avenue5755 S Calumet Avenue
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Prime development opportunity in one of Chicago's fastest-appreciating neighborhoods, this oversized 12,068 SF corner parcel offers rare scale, prime positioning, and optimal RM-5 zoning that allows for a wide range of residential uses. Its premier corner location provides outstanding visibility, natural light, and design flexibility. Uniquely wide, the lot offers over 67 feet of frontage on Calumet Avenue and stretches nearly 180 feet deep, providing ample space for creative development with virtually every residential configuration on the table. Permitting up to 26,549 buildable square feet and 30 dwelling units by right, RM-5 zoning enables meaningful density and architectural flexibility. Just steps from Washington Park, one of the city's most iconic and expansive green spaces, the property offers a rare setting for nature lovers, outdoor enthusiasts, and cultural explorers alike. Spanning nearly 370 acres, the park features lush walking and biking trails, serene lagoons, tennis courts, athletic fields, and cultural landmarks like the DuSable Black History Museum. It's an ideal environment for recreation, connection, and inspiration - and just a short walk or bike ride through the park connects you directly to the University of Chicago campus. Convenient access to the nearby CTA Green Line further enhances the location's appeal. This property presents a rare opportunity to capitalize on a prime location with strong fundamentals and long-term upside.

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Listing Snapshot
Price 
$200,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
12427141
Status 
Active
Property Tax 
$4,342.67
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Additional Property Use 
Multi-FamilySingle Family
Zoning 
MULTI
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Exterior Features
Frontage 
67.42
Community Features
MLS Area 
CHI - Washington Park
Roads 
Asphalt
School District 
Phillips Academy High School
Township 
Hyde Park
Schools
School District
Phillips Academy High School
Elementary School
Carter Elementary School
Middle School
Carter Elementary School
High School
Phillips Academy High School
Listing Courtesy of MRED as distributed by MLS Grid of Compass



Based on information submitted to the MLS GRID as of 2025-07-28 08:05 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-07-28 08:05 PM UTC
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Neighborhood & Commute
Source: Walkscore
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