5721 S State Street Chicago, IL ^$ 300,000

5721 S State Street

^$ 300,000

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5721 S State Street

Chicago, IL, 60621

^$ 300,000

Studio Baths0.0

Monthly Estimate*

^$ 1,872

5721 S State Street, Chicago, IL 60621 - Image 1

5721 S State Street, Chicago, IL 60621 - Image 2

5721 S State Street, Chicago, IL 60621 - Image 3

Studio

Lots and Land for sale in Chicago, IL

for $300,000. The lot size is 0.37.

This oversized city lot (approx. 15,946 sq ft) offers a rare opportunity for developers and investors to create something substantial in Chicago's Washington Park neighborhood. With nearly four times the size of a standard Chicago lot, this property provides maximum flexibility for residential or mixed-use development. Washington Park is experiencing growth and revitalization, supported by city investment, cultural institutions, and community development. This parcel presents an exceptional opportunity to build in a prime location with strong upside potential.

Lots and Land Active

Price

^$ 300,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,038

Style

Lot Size

0.37

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12481099

Features

General

Utilities None

Possession Closing

Township Hyde Park

Tax Year 2023

Ownership Fee Simple

County Cook

Property Type Land Land

Possible Use Commercial Development Multi-Family Single Family

Status Active

Directions take State to 5713-15 S State

City Chicago

High School District 299

MLS Area CHI - Washington Park

Tax Annual Amount 3038

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Interior

Basement None

Laundry Features None

Total Baths 0

Exterior

Total Parking 0

Lot Dimensions 15946

Lot Size Acres 0.37

Road Surface Type Asphalt

Frontage Length 0

Frontage Type City Street

Waterfront Y/N N

* Excluded Features

List By

Re-Chrg Inc

Broker

chicagohomes@saninaellison.com;chicagohomes@saninaellison.com

Affordability Calculator

$2,125

Per Month

Monthly Principal & Interest: $1,872
Monthly Property Taxes: $253
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Chicago, IL

Average List Price ^$345,301

Percent of Sale Price 15%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/1/2025	$300,000		Listed Price

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5721 S State Street, Chicago, IL, 60621 is a Lots and Land for sale at $300,000 with a lot size of 0.37. 5721 S State Street is a studio with 0.0 baths. The property's zip code is 60621 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/8/2025.

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5721 S State Street

Lots and Land for sale in Chicago, IL

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