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Listing provided courtesy of Chicago's Real Estate AgencyMREDas Distributed by MLSGrid- MLS# 12668869MLS Provider

5540 S Racine AvenueChicago, IL 60636

Vacant Land
$10,000 Active

5540 S Racine Avenue Overview

Time on Site:
25 days
Visits:
0

Opportunity in West Englewood! This Vacant Lot is 25 x 125 is zoned B1-1. This location is ideal for development, Block Clubs, and Community Gardens in a rapidly developing community. Get in while you can! This property is sold subject to Bankruptcy Court Approval. Buyers, do your due diligence. Lot dimensions are estimates. Zoning and Lot Dimensions are derived from the City of Chicago Zoning and Land use Map. CASH FOR DEED. No Title. No Survey. Buyer must use the Offer Contract found in the Additional Information section on MLS.

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5540 S Racine Avenue Facts & Features

  • Type Vacant Land

Details

General

School Information

  • School District: 299

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - West Englewood
  • Township: Lake

Tax Information

  • Tax Annual Amount: $608.34
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20171070280000
  • Possible Use: Multi-Family,Single Family
  • Property Type: Land
  • Special Listing Conditions: Court Approval Required

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: No
  • Frontage Length: 25
  • Frontage Type: City Street
  • Lot Size Dimensions: 25 X 125
  • Road Surface Type: Concrete
  • Water Source: Municipal Water

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby

5540 S Racine Avenue Neighborhood

Community

60636 (CHICAGO) Demographics

40
Median Age
7,678
Population Density (per sq. mile)
18%
College Educated
$26,598
Estimated Median Income
5,064
Estimated Total Home Owners
5,915
Estimated Total Renters
46% / 54%
Estimated Owner / Renter Divide
3
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.

5540 S Racine Avenue Monthly Cost

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$ %
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Randall Fowlkes
* 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.

5540 S Racine Avenue Market Data

Based on the last 30 days in this zip code

$210,230
Average List Price
$143
Average Price per Square Foot
17
Properties Sold
75
Average Days on Market
87
Properties for Sale
Calculations provided by Reliance Network

5540 S Racine Avenue History

Date Event Value Agent
6/10/2026Source: MRED Status Change
Active
6/4/2026Source: MRED Added to Database
June 04, 2026