5254 S Indiana Avenue Chicago, IL ^$ 199,995

5254 S Indiana Avenue

^$ 199,995

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Recently Listed

5254 S Indiana Avenue

Chicago, IL, 60615

^$ 199,995

Studio Baths0.0

Monthly Estimate*

^$ 1,231

5254 S Indiana Avenue, Chicago, IL 60615 - Image 1

5254 S Indiana Avenue, Chicago, IL 60615 - Image 2

Studio

Lots and Land for sale in Chicago, IL

for $199,995.

BUILD THE FUTURE: PRIME WASHINGTON PARK DEVELOPMENT SITE READY FOR YOUR VISION! Developers, get ready to build in one of Chicago's most vibrant growth corridors! This is not just land; it's a blank canvas for your next residential masterpiece in the thriving Washington Park neighborhood. Dual Lots, Dual Potential: Secure two adjacent parcels: 5254 S. Indiana Ave: A substantial 30x145 footprint. 5256 S. Indiana Ave: An additional 16x145 space. Both lots are zoned RM5, offering immense flexibility for a multitude of residential projects. Bring your creative ideas! Positioned in a neighborhood experiencing significant revitalization. Just a quick 10-minutes to the future Obama Presidential Center, a major area anchor and value driver. Don't just watch Washington Park grow-shape it! This exciting development opportunity won't last long. Imagine the possibilities and make them a reality.

Lots and Land Active

Price

^$ 199,995

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 3,144

Style

Agricultural

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12538347

Features

General

Utilities Electricity Nearby Natural Gas Nearby Sewer Nearby

Possession Closing

Zoning MULTI

Township Hyde Park

Tax Year 2024

Current Use Agricultural

Ownership Fee Simple

County Cook

Property Type Land Land

Status Active

Directions Michigan Ave south/North to 52nd Ave

City Chicago

High School District 299

MLS Area CHI - Washington Park

Tax Annual Amount 3144.28

Standard Status Active

Middle/Junior School District 299

Elementary School District 299

Exterior

Total Parking 0

Lot Dimensions 46x145

Road Surface Type Asphalt

Frontage Length 46

Frontage Type City Street

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Pearson Realty Group

Broker

giancarlo@pearsonrealtygroup.com

Affordability Calculator

$1,493

Per Month

Monthly Principal & Interest: $1,231
Monthly Property Taxes: $262
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% 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 ^$302,169

Percent of Sale Price 51%

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
1/3/2026	$199,995		Listed Price

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5254 S Indiana Avenue, Chicago, IL, 60615 is a Lots and Land for sale at $199,995. 5254 S Indiana Avenue is a studio with 0.0 baths. The property's zip code is 60615 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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 1/12/2026.

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5254 S Indiana Avenue

Lots and Land for sale in Chicago, IL

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