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Active - Land for sale

Chicago, IL

Facts & features

Land Property type
263 days on Beycome

Why you’ll love it

Prime South Side Development Opportunity: Unlock the potential at 5647 S. Peoria. This 4,500 sq ft vacant lot offers a rare opportunity for builders, developers, and forward-thinking investors ready to capitalize on Chicago's ongoing growth and revitalization. Positioned in an established South Side corridor, this parcel provides the flexibility to bring new construction to life-whether you're planning a single-family residence, investment build, or long-term hold strategy. With a generous lot footprint and strong development upside, this property presents a clear path for value creation. Located near major transportation routes, neighborhood amenities, and ongoing area improvements, the lot sits in a community where demand for quality housing continues to grow. Utilities and infrastructure are accessible within the surrounding area, making this an ideal candidate for your next project. Vacant land in Chicago with this type of development potential does not stay available for long. Secure your position, design your vision, and build with confidence. Drive by today and imagine the possibilities-then submit your offer.

Translating description...

Listings courtesy of Serene Realty, Inc. as distributed by MLS GRID.

Listed by: Elijah Reese • Serene Realty, Inc.

Co-listed by: Vadie Reese • Serene Realty, Inc.

Source: MRED as distributed by MLS GRID, MLS#: 12576652 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 7:32 PM EST.

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Affordability

$25,000$55,000
1%20%
0%90%
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Estimated monthly payment

$254/mo

  • Mortgage$202
  • Property tax$51
  • HOA fee
  • Homeowners insurance
Due at closing$31,800
Down payment held in escrow$8,000
Closing costs$600
beycome credit Est.$800

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Chicago

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. 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.

$40,000 Listed price

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