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1510 E 67th St , Chicago, IL 60637
$199,000
Est. Payment: $1,067.73/mo
0.28 Acres
Status: active | Days on site: 7
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27867 - 247911,264809
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House Description

**MAJOR PRICE REDUCTION! PRIME WOODLAWN DEVELOPMENT OPPORTUNITY - NOW JUST $199,000 | ONLY $15.69 PER LAND SQ. FT. | B3-3 ZONING | 100 FT OF 67TH STREET FRONTAGE!** Opportunity meets location at 1510 E. 67th Street, an approximately 12,687-square-foot development site in one of Chicago's most exciting redevelopment corridors, less than one mile from the newly opened Obama Presidential Center! Previously offered at $249,900 and now aggressively repositioned at just $199,000, this property represents a **$100,900 price reduction and an exceptional land acquisition basis of approximately $15.69 per square foot**-an attractive entry point for developers, builders, investors and long-term landholders looking to capitalize on Woodlawn's next chapter. The timing couldn't be more compelling: the $850 million Obama Presidential Center officially opened in June 2026, welcoming visitors to its spectacular 19.3-acre campus featuring a world-class museum, Chicago Public Library branch, gardens, public art, recreational facilities and year-round programming. In its first 100 days alone, the Center reported **175,469 visitors to its museum and ticketed events from all 50 states and 39 countries**, while an economic impact study projects approximately **625,000-760,000 annual visitors over the long term and $177 million in annual economic activity across Chicago's South Side**. This is no longer speculation about what's coming-the destination is OPEN, attracting visitors and bringing new attention to the surrounding neighborhoods! Positioned along the highly visible 67th Street corridor, this substantial parcel offers approximately **100 feet of street frontage, 127 feet of depth and B3-3 Community Shopping District zoning**, creating possibilities for commercial, residential-over-retail or other mixed-use development concepts, subject to municipal approvals. The property features an existing paved surface, street access and electric, gas and water utilities reported nearby. Surrounded by established residential neighborhoods, commercial businesses and major institutions, the location places investors near the University of Chicago, Jackson Park, Lake Michigan, Stony Island Avenue, CTA and Metra transportation, and the growing Hyde Park/Woodlawn economic corridor. For perspective, a larger commercially improved property at 1318 E. 67th Street sold for $975,000 in 2022, demonstrating the scale of investment already seen along this street, although that transaction is not a direct vacant-land comparable. **At under $200,000, buyers have an opportunity to control nearly 13,000 square feet of B3-3-zoned land in the orbit of one of Chicago's most significant new cultural destinations.** Whether your vision is neighborhood-serving retail, mixed-use construction, a residential development with commercial space or a strategic long-term investment, this property's combination of location, frontage, zoning and newly reduced price deserves serious consideration. **THE PRICE HAS CHANGED. THE LOCATION HASN'T. BRING YOUR ARCHITECT, BRING YOUR DEVELOPER AND BRING YOUR OFFER!** Buyer to independently verify survey dimensions, lot area, zoning, permitted uses, density, utilities and development feasibility with the City of Chicago and appropriate professionals.

Highlights

Listed by Michael Applegate , 708-743-0043 and Brittany Jones , 630-288-2446 Straight-A Realty, LLC , 630-288-2446. Midwest Real Estate Data mls logo

Property Type

Vacant Land

Lot/Acreage
0.28

County

Cook

Area

CHI - Woodlawn

School District

299

Listing ID

12787789

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Interior Features

Exterior Features

Lot Dimensions:100 X 127
Garage Capacity:0
Zoning:MULTI
Principal Interest
$1,068
Taxes
$202

Home Price

$199,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$39,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,067.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,067.73 $201.67 $0.00 $1,269.40
Yearly $12,812.75 $2,420.00 $0.00 $15,232.75
Total $384,382.36 $72,600.00 $0.00 $456,982.36
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Master Chief
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T02:55:04.000Z

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