Attention Developers, Builders and Investors! Great development opportunity to build or invest in the Woodlawn area with 5064 sq. ft. of land. This area is growing with lots of local amenities such as the new Obama Presidential Center, The Museum of Science and Industry, the Reva and David Logan Center. Its prime location with access to Washington Park, Jackson Park with Golf Course, the Midway Plaisance and the University of Chicago south campus which are all just minutes away. Lots of local favorites, Truth Be Told, Robust Coffee Lounge, Farmers Market and much more. Close to Jewel Grocery Store, Lakefront, Beaches and Harbor. Just steps to transportation via CTA Greenline train, multiple bus routes, the Metra and quick access to Lake Shore Drive which takes just minutes to downtown Chicago. Drive by today or call listing agent for access to walk the property.
Woodlawn, located between Washington Park and Jackson Park, is a historic and lake-adjacent Chicago neighborhood with stately greystones and broad, park-lined boulevards. The neighborhood’s character concentrates around 63rd Street and Cottage Grove Avenue, where storefront corridors, corner eateries, and everyday errands set a steady street rhythm. The Museum of Science and Industry anchors the eastern edge, while the South Shore Cultural Center adds lakefront grandeur and programming. Tree-canopied blocks mix classic brick two-flats with courtyard buildings, giving the streetscape a grounded, architectural feel. The Midway Plaisance frames the north with long green sightlines and paths. Metra Electric stations stitch the neighborhood into the city’s rail grid.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
School bus service available
Commuter bus access
Exterior features
Cleared lot
Fencing
Sidewalks
Asphalt road frontage
City street frontage
Home design
Land parcel (no buildings on property)
Zoned for multi-family
Construction
Oversized Chicago lot (40 x 126)
Financial info
Fee simple ownership
Individual ownership
No special service area
Other
Parcel number 20232210210000
Annual tax noted (2023)
Electricity and solar
View estimated energy costs and solar savings for this home
The RM5 districts are intended to accommodate multi-unit residential buildings. The RM5 district differs from the RM5.5 district only in terms of the maximum building height allowed. Applicable height limits in RM5 generally limit buildings to a maximum of 3.5 to 4 stories structures.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Bed & breakfast
Educational / school
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 100° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60637
Average low and high temperatures (°F)
30
18
38
25
53
36
60
44
66
52
80
65
84
71
80
68
76
63
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
43/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
5.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1524 E Marquette Rd
$318,256
$32K under list price of $350K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $150K to $393K.