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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

Cable Available

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

$389,066
Median Listing Price
42
Median Days on Market
1,428
Median Sq Ft
$283
Median Price / Sq Ft
4,392
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.

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Listing Courtesy: Exit Strategy Realty / EMA Management - wayne@bealsproperties.com

Based on information submitted to the MLS GRID as of 2025-08-24. 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.

Last Updated: 2025-08-24

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Chicago Association of Realtors. MLS® Listing#12454285. © 2026EXIT Realty®. All rights reserved.