6052 S Rhodes Avenue, Chicago, IL 60637
Cook County
Key Facts
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 Information
Property Type
Land
Lot Dimensions
83x125
Ownership
Fee Simple
Days on Market
311
MLS® Listing#
12454285
Property Features
Utilities
Financial Details
Annual Taxes
$2,757
Tax year 2023
Parcel Number
20154030330000
Directions
61 Street at Rhodes. North East Corner, Multiple lots.
Affordability Calculator
$29,000
Estimated monthly payment
$772/mo
Principal $116,000 · Est. interest $161,830 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Chicago, IL
- $387,475
- Median Listing Price
- 32
- Median Days on Market
- 1,406
- Median Sq Ft
- $283
- Median Price / Sq Ft
- 4,255
- Active Listings
- This home’s price is 63% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Chicago, IL.
Location
Points of Interest in Chicago, IL
Showing the Chicago area map.
Nearby Schools
John Fiske Elementary School
Elementary · 0.2 mi away
Sexton Elementary School
Elementary · 0.2 mi away
Dulles Elementary School
Elementary · 0.4 mi away
Community Film Workshop
School · 0.4 mi away
Cics Washington Park
School · 0.5 mi away
Chicago International Charter School
Elementary · 0.5 mi away
Regeneration Schools
School · 0.5 mi away
Ross Elementary School
Elementary · 0.6 mi away
The Hyde Park Day School
Secondary · 0.6 mi away
McCosh Elementary School
Elementary · 0.6 mi away
Carter Elementary School
Elementary · 0.7 mi away
Master's Academy
School · 0.7 mi away
University of Chicago-Law School
Secondary School · 0.7 mi away
Liberty School of Christian Education
School · 0.8 mi away
Univ of Chicago Charter School Woodlawn Campus
Secondary · 0.8 mi away
Burke Elementary School
Elementary · 0.9 mi away
James Wadsworth Elementary School
Elementary · 0.9 mi away
Brownell Elementary School
Elementary · 1.0 mi away
University of Chicago Laboratory Schools
Secondary School · 1.0 mi away
University High School
School · 1.0 mi away
Commute Calculator
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|---|---|---|---|---|
| 354 E 115th Street, Chicago, IL | $101,750 | — | — | 2,100 |
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| 2901 S Michigan Avenue 506, Chicago, IL | $104,000 | — | 1 | 440 |
| 4240 S Saint Lawrence Avenue, Chicago, IL | $104,900 | — | — | — |
| 6413 S Honore Street, Chicago, IL | $104,900 | 5 | 2 | — |
Moving Cost Estimate
EXIT Agents in Chicago
Listing Courtesy: Exit Strategy Realty / EMA Management - wayne@bealsproperties.com
Last Updated: 2025-08-24