Discover the potential of two adjacent city lots (totaling approx. 8,050 sq ft) located on State Street in the Washington Park community. This property offers a rare chance to build ground-up new construction or develop multi-family housing in a neighborhood seeing steady revitalization. Lot Size: 8,050 sq ft (combined) Location: Easy access to I-94, public transit, shopping, and schoolsDevelopment Potential: Ideal for multi-unit, town homes, or custom single-family residences Surrounded by ongoing redevelopment and investment, these lots present a strategic opportunity for builders, developers, and investors looking to create value in one of Chicago's historic neighborhoods. Bring your vision - this property is ready for its next chapter.
Washington Park, located between Martin Luther King Jr. Drive and Cottage Grove Avenue, is a historic and park-centered Chicago neighborhood with broad boulevards and landmark cultural institutions. The neighborhood’s character concentrates around the Washington Park lagoon and the paths near 55th Street, where joggers, picnics, and pickup games share the greensward. Stately greystones and brick two-flats line the side streets, while larger institutional buildings frame the park edges. The DuSable Black History Museum and Education Center anchors local cultural life with exhibitions and programs. The Arts Block at 51st Street adds studios and galleries that keep creative work visible at street level. Jackson Park Highlands and Midway Plaisance sit nearby, shaping a landscape-first rhythm.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
No buildings on the land
Exterior features
Rectangular lot approximately 25 x 178.45
Lot between 1.0 and 1.99 acres
City street frontage
Asphalt road access
Home design
Property type: Land
Ownership: Fee simple
Construction
No structures on property
Financial info
2023 annual taxes reported
Special service area: No
Other
Parcel number 20151130110000 (additional parcel 20151130120000)
Electricity and solar
View estimated energy costs and solar savings for this home
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Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
3,951 Sq. Ft.
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Cook County
APN
20151130110000
Parking Spaces
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Basement
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Accessible
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Garage
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Features
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Last updated by owner on Sep 15, 2026.
B1-2
Neighborhood Shopping District
The B1, Neighborhood Shopping district is intended to accommodate a broad range of small-scale retail and service uses.; B1 zoning is intended to be applied in compact nodes at the intersection of two or more major streets or in a cohesive linear fashion along relatively narrow streets that have low traffic speeds and volumes (compared to multi-lane, major streets).; The B1 district is intended to exhibit the physical characteristics of storefront-style shopping streets that are oriented to pedestrians.; The B1 district permits residential dwelling units above the ground floor.; The B1 district can be combined with the dash 1, dash 1.5, dash 2, dash 3 or dash 5 bulk and density designations
Permitted uses
Include but are not limited to:
Bank
Day care facility
General retail
Restaurant
Housing-Other
Bed & breakfast
Mixed use
Office
Library
Post office
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 101° expected this year, 14 days in 30 years
2/10 Wind Factor
1% 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 • 60621
Average low and high temperatures (°F)
30
18
39
25
54
36
61
44
67
52
80
65
85
71
81
67
79
62
68
52
52
40
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5731-41 S State St
$201,713
$23K under list price of $225K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $85K to $235K.