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Listing provided courtesy of City Suburban Real Estate of IL, Inc.MREDas Distributed by MLSGrid- MLS# 12687738MLS Provider

4942-56 S Calumet AvenueChicago, IL 60615

Vacant Land
$479,900 Active

4942-56 S Calumet Avenue Overview

Time on Site:
5 days
Visits:
0

Huge RM-5 CORNER Bronzeville Lot!!!! This size development parcel in Bronzeville is a Rare Find!!!! Build 7 Multi-unit Buildings or several Larger buildings with the current zoning of RM-5 ****Prime Development Opportunity**** with a lot size of 175x102 (17,850 Square Ft) and a RM-5 zoning investing in this vacant lot in Bronzeville presents a transformative opportunity to capitalize on its strategic location, zoning advantages, and the neighborhood's dynamic growth trajectory. It's a proposition that appeals to astute developers and investors looking to maximize returns in Chicago's expanding real estate market. 3-Unit Buildings are selling for $1.2mm in the immediate area.

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4942-56 S Calumet Avenue Facts & Features

  • Type Vacant Land

Details

General

School Information

  • School District: 299

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Grand Boulevard
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $8,998.37
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20101160250000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 175
  • Frontage Type: City Street
  • Lot Size Dimensions: 175x102
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Water Available

4942-56 S Calumet Avenue Neighborhood

Community

60615 (Chicago) Demographics

35
Median Age
14,432
Population Density (per sq. mile)
68%
College Educated
$44,658
Estimated Median Income
6,504
Estimated Total Home Owners
15,109
Estimated Total Renters
30% / 70%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4942-56 S Calumet Avenue Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4942-56 S Calumet Avenue Market Data

Based on the last 30 days in this zip code

$411,555
Average List Price
$248
Average Price per Square Foot
30
Properties Sold
82
Average Days on Market
163
Properties for Sale
Calculations provided by Reliance Network

4942-56 S Calumet Avenue History

Date Event Value Agent
6/29/2026Source: MRED Status Change
Active
6/24/2026Source: MRED Added to Database
June 24, 2026