Contact us: 563.441.1776
Description
Three Residential Units may be possible with this zoning! Prime Development Opportunity in rapidly redeveloping Woodlawn at 6052 South Rhodes. Exceptional opportunity to acquire a large corner lot (approx. 10,418 sq. ft.), with 125 Feet of Frontage on 61st Street and 83 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 at this intersection (MLS #12454210), representing a rare chance to acquire two prime large corner 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.
Property Highlights
Property Type: Land - Residential
Total Acres: 0.24 Acres
Utilities: Electricity Nearby, Natural Gas Nearby, Water Nearby, Cable Available
General Information
County: Cook
Listed By:
Exit Strategy Realty / EMA Management
312-767-0572
MRED MLS
MLS ID: 12794393
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6052 S Rhodes Avenue , Chicago, IL 60637.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $145,000 | $145,000 | $145,000 |
| Down Payment | $29,000 | $5,075 | $36,250 |
| Monthly Mortgage Amount | $762 | $935 | $940 |
| Taxes | $202 | $202 | $202 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $64 | $0 |
| Monthly Estimated Total | $1,064 | $1,301 | $1,242 |
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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 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. Information on this site was last updated 10/30/2026. The listing information on this page last changed on 10/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 10/30/2026 12:00:46 AM EST) or MRED MLS (last updated Thu 10/29/2026 11:55:06 PM EST) or SCWMLS (last updated Thu 10/29/2026 11:55:26 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 10/29/2026 10:17:29 PM EST) or Cedar Rapids MLS (last updated Thu 10/29/2026 10:48:10 PM EST) or NEIRBR MLS (last updated Thu 10/29/2026 11:58:45 PM EST) or ICAAR MLS (last updated Thu 10/29/2026 11:37:37 PM EST) or ECIMLS (last updated Thu 10/29/2026 11:44:38 PM EST) or RMLSA (last updated Thu 10/29/2026 11:51:02 PM EST) or Muscatine MLS (last updated Thu 10/29/2026 11:45:15 PM EST) or No Coast MLS (last updated Thu 10/29/2026 11:54:25 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors 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. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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