532 E 61st St, Chicago, IL 60637
FOR SALE

532 E 61st St
Chicago, IL 60637

West Woodlawn

    $295,000

    Est. Mortgage $2,076/mo*
    Get Pre-Qualified

    $295,000

    Est. Mortgage $2,076/mo*
    Get Pre-Qualified

    Local Information

    Map showing home location
    © Google
    -- mins to
    Commute Destination

    Description

    Prime Development Opportunity in rapidly redeveloping Woodlawn at 532-536 E. 61st St. Exceptional opportunity to acquire a large corner lot (approx. 19,175 sq. ft.), with 156 Feet of Frontage on 61st Street and 125 Feet on Rhodes, just steps from 383-acre Washington Park, and less than half a mile from the University of Chicago. With a Minimum Lot Area/Per Unit of 2,500 sq. ft. and current B2-1 zoning, the site is ideally suited for development. Per the City of Chicago Zoning Code: "17-3-0103-B The B2 district permits residential dwelling units on or above the ground floor." This zoning flexibility makes the property especially attractive for development. The seller is also offering a second large corner site at this intersection (MLS #12454285), presenting a rare chance to acquire two prime development parcels in one of Chicago's most dynamic growth corridors. Highlights & Neighborhood Advantages: Excellent proximity to the University of Chicago South Campus and to the Obama Presidential Center. Unmatched CTA Green Line connectivity, offering direct access to IIT, the Loop, Fulton Market, United Center, and beyond. Strong market demand for housing near train-accessible sites. Surrounded by successful recent redevelopments, including the Jewel-Osco at 61st & Cottage Grove. Walkable to the University of Chicago campus, Logan Center, UChicago Medicine, Midway Plaisance, and two nearby Green Line stations. Just one mile from the Lakefront. With Woodlawn's revitalization well underway, this property offers tremendous potential for developers and community builders alike. Bring your vision and be part of Woodlawn's future.

    Home Highlights

    Parking
    No Info
    Outdoor
    No Info
    HOA
    None
    Price/Sqft
    No Info
    Listed
    180+ days ago

    Home Details for 532 E 61st St

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby, Cable Available
    View
    No View

    Exterior Features

    Parking & Garage
    No Attached GarageParking: Off Alley
    Frontage
    Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
    Farm & Range
    Frontage Length: 156.4

    Days on Market

    Days on Market: 180+

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Has Additional Parcels
    Property Information
    Parcel Number: 20154040350000Additional Parcels Description: 20154040340000, 20154040290000

    Price & Status

    Price
    List Price: $295,000
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Location

    Direction & Address
    City: Chicago
    School Information
    Elementary School District: 299Jr High / Middle School District: 299High School District: 299

    Agent Information

    Listing Agent
    Listing ID: 12454210

    Listing Info

    Special Conditions: None

    Business

    Business Information
    Ownership: Fee Simple

    Miscellaneous

    Mls Number: 12454210

    Additional Information

    Source Internet Consumer CommentSource Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesSource Internet Automated Valuation DisplayMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes
    Last check for updates: about 16 hours ago
    Listing courtesy of: Wayne Beals, (312) 767-0572
    Exit Strategy Realty / EMA Management
    Source: MRED as distributed by MLS GRID, MLS#12454210
    Also Listed on EXIT Realty broker feed, MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.

    Price History for 532 E 61st St

    DatePriceEventSource
    08/24/2025$295,000Listed For SaleMRED as distributed by MLS GRID #12454210

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    Property Tax and Assessment

    Year2023
    Tax$1,654
    Assessment$78,120
    Home facts updated by county records

    Comparable Sales for 532 E 61st St

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    6046 S Eberhart Ave, Chicago, IL
    0.10
    Lot/Land
    $856,000
    07/29/25
    -
    -
    6132 S Langley Ave, Chicago, IL
    0.17
    Lot/Land
    $147,000
    01/07/26
    -
    -
    6242 S Eberhart Ave, Chicago, IL
    0.26
    Lot/Land
    $40,000
    08/08/25
    -
    -
    5900 S Calumet Ave, Chicago, IL
    0.38
    Lot/Land
    $45,000
    02/06/26
    -
    -
    5847 S Prairie Ave, Chicago, IL
    0.44
    Lot/Land
    $195,000
    01/08/26
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 532 E 61st St.
    View nearby schools on GreatSchools
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    Neighborhood Overview

    West Woodlawn
    See Local Highlights
    Neighborhood stats provided by third party data sources.

    What Locals Say about West Woodlawn

    At least 77 Trulia users voted on each feature.

    • 95 % Say there are sidewalks

    • 67 % Say it's dog friendly

    • 67 % Say yards are well-kept

    • 67 % Say it's walkable to restaurants

    • 64 % Say streets are well-lit

    • 61 % Say there's holiday spirit

    • 60 % Say car is needed

    • 59 % Say parking is easy

    • 56 % Say it's walkable to grocery stores

    • 49 % Say kids play outside

    • 47 % Say neighbors are friendly

    • 36 % Say they plan to stay for at least 5 years

    • 35 % Say there's wildlife

    • 34 % Say there are community events

    • 30 % Say it's quiet

    • 28 % Say people would walk alone at night

    Sourced by Trulia users. Learn more about our methodology.
    • Cindy Wade
      "I’ve always visited this neighborhood because, my mother lived there for years. From visiting for years the neighborhood appeared to be very nice. I would love to live in this neighborhood!"
      0
      Flag
    • Trulia User
      "Great schools in the area. Parks are great to visit but be mindful of your surroundings. You can visit the beach via public transportation or bike. "
      1
      Flag
    • Trulia User
      "what makes this neighborhood so unique is the character ( maintenances) that are always competing with one another to put there bulk items in the trash so that there building will get there trash picked up first"
      5
      Flag
    • Trulia User
      "be safe and communicate For should stick together help keep nice and healthy clean Neighborhood Environment for our children's and family "
      0
      Flag
    • Trulia User
      "First time living in Chicago and I love it here!! Close to public transportation, neighbors are friendly and Chicago is AWESOME!!!"
      3
      Flag
    • T33faholadeji
      "Great access to downtown.. bus 4 takes you all the way downtown... green line train station is close by.. groceries stores close by too"
      3
      Flag
    • Demarcus C.
      "It’s fine. Not to hard to get around with or without a vehicle. A very walkable neighborhood with decently nice neighbors."
      3
      Flag
    • Demarcus C.
      "It has ease of access to public transportation and to local highways. Take about 20-45 mins to get down town."
      1
      Flag
    • LaTonya J.
      "Dogs are always welcome in the neighborhood and most have mannerism. Both small dogs and large live in this neighborhood "
      2
      Flag
    • Michael
      "This neighborhood is changing from what it was be patient soon it will be a neighborhood where our children can come out to play but as for know be patient and hold on for a little while longer "
      8
      Flag
    • 2x D.
      "Real Nice big houses that come with big rats. Avoid parkway. City Trying to change the neighborhood around good luck "
      1
      Flag
    • Mary A. D. W.
      "Im sure they would find it quite nice considering Washington Park is very near by. Maybe not for night time walks as it gets pretty loud with gun violence at that time of day."
      2
      Flag
    • Mary A. D. W.
      "Easy access to public transit. Green Line, Bus Routes 3, 4, 63rd and 59th. Close to Washington Park, Jewel on 61st and Cottage and University of Chicago Hospital. Downside: Plenty of Gun Violence and drug activity"
      2
      Flag
    • 1annettejordan
      "Lots of choices to get to work - several bus and train routes. Also an easy 10 minute drive to downtown."
      1
      Flag
    • Mary A. D. W.
      "it's dangerous at night and sometimes in the day. my children were robbed twice in broad daylight. police presence is high but is a non factor when it comes to safety."
      2
      Flag
    • Mary A. D. W.
      "I'll put it like this I just got done hearing pump action type gun shots at 8:00 pm. A sound that is pretty normal for this area. This neighborhood is no good for kids in my opinion. In a square 4 block radius from Eberhart to Prairie."
      4
      Flag
    • Patrice
      "The area is a mix of families. Kids play outside and people care for their yards. There are some streets were the buildings are abandoned but that’s changing too. I think there’s room for improvement n"
      2
      Flag
    • Patrice
      "I have lived here for the last 2 years. It’s changing for the better. There’s more businesses and a grocery store in walking distance. "
      35
      Flag
    • Andrea H.
      "Great transportation to the green line, the cottage grove bus is right up the street than the red line, also you can go down by stony island and get all the buses to go down town as well. "
      1
      Flag
    • Godsgirlst
      "None. I haven’t seen a block club or anything. It’s crime ridden and drug infested. No sense of community what so ever. I can’t wait to move away from here. "
      6
      Flag
    • Bianca T.
      "Kind of a rough neighborhood but it is up and coming. Lived here for 2 years with no major problems."
      37
      Flag
    • Patrice
      "There’s YWCA in the neighborhood and a library in walking distance. I don’t let my daughter play outside but we can walk to the park or drive to the lake. "
      2
      Flag
    • Mrs M. W.
      "Please do not move here. You can move into the Hyde Park or Bronzeville area but not here. The quietness in the day is very, very deceiving. "
      11
      Flag
    • Beabeckford
      "Yes. Lots of dog owners in this area. No dog park, but Washington Park is really close and Jackson Bark is not to far. "
      1
      Flag
    • Mrs M. W.
      "Washington Park is near by but it is not safe to let your children be unattended in the area or out late nights because there are random shootings that happen close by. "
      2
      Flag
    • Mrs M. W.
      "Pro's: Right on 59th street, King Drive and Cottage Grove bus routes and the Green Line train. Con's: High gun violence, drug activity, chances of being robbed. "
      2
      Flag
    • Flemingirma555
      "I have heard this on the news six shooting last week I will not be able to stay here for a year I have grand children that visit me. "
      3
      Flag
    • Sefthex1972
      "Nothing. Crime is rampant. Schools are bad. In 10 years it might be a very nice neighborhood if the University of Chicago keeps on investing. The close proximity to Hyde Park is the biggest plus for me"
      7
      Flag
    • Patrice
      "It’s getting better because of development and investments. The University has brought a lot of money into the community. "
      5
      Flag

    LGBTQ Local Legal Protections

    Wayne Beals, Exit Strategy Realty / EMA Management
    Agent Phone: (312) 767-0572
    Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information
    532 E 61st St, Chicago, IL 60637 is a lot/land. 532 E 61st St is located in West Woodlawn, Chicago. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Aug 24, 2025. The MLS # for this home is MLS# 12454210.