Listing provided courtesy of Fulton Grace RealtyMREDas Distributed by MLSGrid- MLS# 12657831MLS Provider

7016 S EAST END AvenueChicago, IL 60649

Vacant Land · 0.93 Acres
$600,000 Active

7016 S EAST END Avenue Overview

Time on Site:
34 days
Visits:
0

Exceptional development opportunity in the heart of South Shore. This expansive 40,453 SF parcel (250' x 163') is zoned RT-4 and offers outstanding potential for a luxury single-family residence, duplex development, or multi-unit residential project. Surrounded by mature trees and positioned on a beautiful residential block, the site is ideally located near the Obama Presidential Center, Lake Michigan, the 71st Street retail corridor, and the South Shore Cultural Center. Nestled near the historic Jackson Park Highlands neighborhood and amid ongoing new construction and investment activity, this property presents a compelling opportunity for developers, builders, and long-term investors alike. Convenient access to Lake Shore Drive, CTA transit, and the Metra Electric enhances appeal for future residents and supports strong long-term value. The seller is willing to divide the property into either ten 25' x 163' parcels or five 50' x 163' parcels, offering added flexibility for a range of development plans. A builder is also in place and available to assist with project execution if desired.

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7016 S EAST END Avenue Facts & Features

  • Type Vacant Land
  • Lot 0.93 Acres

Details

General

School Information

  • School District: 299

Business Information

  • Current Use: Agricultural

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - South Shore
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $1,232.19
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20243240220000
  • Possible Use: Condominium,Multi-Family
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 250
  • Frontage Type: City Street,Public Road
  • Lot Size Acres: 0.93
  • Lot Size Dimensions: 250 X 162
  • Road Surface Type: Asphalt,Concrete

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby,Sewer Nearby,Water Nearby

7016 S EAST END Avenue Neighborhood

Community

60649 (Chicago) Demographics

38
Median Age
11,999
Population Density (per sq. mile)
35%
College Educated
$36,130
Estimated Median Income
5,387
Estimated Total Home Owners
16,947
Estimated Total Renters
24% / 76%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

7016 S EAST END Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

7016 S EAST END Avenue Market Data

Based on the last 30 days in this zip code

$194,506
Average List Price
$134
Average Price per Square Foot
12
Properties Sold
66
Average Days on Market
134
Properties for Sale
Calculations provided by Reliance Network

7016 S EAST END Avenue History

Date Event Value Agent
5/31/2026Source: MRED Status Change
Active
5/26/2026Source: MRED Added to Database
May 26, 2026