$287,000
- Studio
532 E 61st St, Chicago, IL 60637
Est. Refi. Payment $2,033/mo*
Refinance Your HomeHome Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.10 | Single-Family Home | $172,500 | 09/24/25 | 3 | 1 | 1,300 | |
0.35 | Single-Family Home | $214,873 | 04/02/26 | 4 | 2 | 2,000 | |
0.41 | Single-Family Home | $210,000 | 03/10/26 | 4 | 2 | 1,400 | |
0.43 | Single-Family Home | $235,000 | 09/30/25 | 4 | 1.5 | 1,496 | |
0.45 | Single-Family Home | $580,000 | 05/22/26 | 4 | 4.5 | 2,943 | |
0.48 | Single-Family Home | $91,000 | 03/30/26 | 3 | 1 | 3,050 | |
0.49 | Single-Family Home | $243,000 | 06/24/26 | 5 | 2 | 1,056 | |
0.53 | Single-Family Home | $115,000 | 06/10/26 | 3 | 2 | 1,350 | |
0.55 | Single-Family Home | $499,000 | 06/16/26 | 8 | 4.5 | 1,100 | |
0.56 | Single-Family Home | $349,000 | 12/22/25 | 5 | 2 | 1,916 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $672,200 | 9 | 3 | - | Off Market | |
0.05 | $516,100 | 8 | 3 | - | Off Market | |
0.05 | $810,700 | 12 | 4 | - | Off Market | |
0.05 | $850,000 | 9 | 6 | - | Recently Sold | |
0.07 | $185,000 | 3 | 1 | 1,200 | Off Market | |
0.04 | $347,000 | 7 | 2 | - | Recently Sold | |
0.04 | $687,000 | 9 | 3 | - | Off Market | |
0.07 | $510,800 | 12 | 4 | - | Off Market | |
0.09 | $374,000 | 7 | 2 | - | Off Market | |
0.10 | $361,800 | 6 | 2 | - | Off Market | |
0.10 | $821,600 | 9 | 6 | - | Off Market | |
0.09 | $588,500 | 6 | 4.5 | - | Off Market |
Local Information
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Home Highlights
Property Type
Single-Family Home
About this House
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.
532 E 61st St, Chicago, IL 60637 is a studio single-family home in West Woodlawn. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $287,000, with a rent estimate of $2,006/month.
Contact this Building
Home Details for 532 E 61st St
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Property Type / Style Property Type: Single Family Home |
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See Virtual Tour: http://.exitrealty.com/listing-tour/ilmlsni_r:12454210 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 2, 2026 Source: EXIT Realty broker feed #12454210 | ListingRemoved | $295,000 |
Aug 24, 2025 Source: MRED as distributed by MLS GRID #12454210 | Listed For Sale | $295,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $1,260 | $62,500 |
Home facts updated by county records
Market trends in Chicago
Last updated July 2026
Avg. sale price
$389K
$10.33KMoM
Sale-to-List Price
100.2%
0.2%MoM
Price per sq ft
$294
$8MoM
Available listings
5488
263MoM
Around this home
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 532 E 61st St
- What is 532 E 61st St estimated to be worth?Trulia's estimated value for 532 E 61st St in Chicago, IL is $287,000.
- Is Chicago a buyer's or seller's market?Chicago is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Chicago?The median sale price in Chicago is $389K. That is up $10.33K from the prior month.
- What do residents say about the West Woodlawn neighborhood?Residents describe the West Woodlawn neighborhood in Chicago, IL as pedestrian-friendly, dog-friendly, and well-kept. See recently sold homes in West Woodlawn, Chicago.
- Is there a virtual tour of 532 E 61st St?Yes, a virtual tour of 532 E 61st St in Chicago, IL is available.

