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7221 S Sangamon Street Chicago, IL 60621 Land - Residential New

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  • 7221 S Sangamon Street , Chicago, IL 60621 Main Photo

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Description

**Prime Development Opportunity - 7221 S. Sangamon St., Chicago, IL 60621** Don't miss this opportunity to acquire a **standard Chicago lot measuring approximately 25' x 125'** in the rapidly evolving Englewood community. Zoned **RS-3**, this parcel offers an excellent opportunity for builders, developers, and owner-occupants looking to construct a new single-family residence in an area experiencing continued investment and revitalization and have sold for over $400k. The neighborhood is benefiting from ongoing public and private investment, with numerous rehabilitation projects and new residential construction throughout the surrounding area. Recent fully renovated two-flats have sold in the **low-to-mid $400,000s**, demonstrating strong buyer demand for quality housing, while additional renovated and income-producing two-unit properties are actively being marketed from the **mid-$300,000s to nearly $500,000**, depending on size, finishes, and condition. Conveniently located near major transportation corridors, Kennedy-King College, parks, schools, and neighborhood amenities, this property is positioned within a community that continues to attract developers seeking affordable land with significant upside potential. The nearby Englewood Nature Trail and other community redevelopment initiatives are further contributing to the area's long-term growth and appeal. Whether you're looking to build your next home, add to your investment portfolio, or capitalize on one of Chicago's emerging neighborhoods, **7221 S. Sangamon** offers an exceptional opportunity to invest in the future of Englewood.

Property Highlights

Property Type: Land - Residential
Total Acres: 0.07 Acres
Utilities: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby

General Information

County: Cook
Listed By:
Blue Door Dave Inc 312-344-1487
MRED MLS
$12,500
Est. $179/mo
New to the Market New
LOT SIZE 25X125 MLS#12702751
STATUSNew PROPERTY TYPELand - Residential SCHOOLDistrict 299

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7221 S Sangamon Street , Chicago, IL 60621.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $12,500$12,500$12,500
Down Payment $2,500$438$3,125
Monthly Mortgage Amount $62$76$77
Taxes $17$17$17
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$5$0
Monthly Estimated Total $179$198$194

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/15/2026. The listing information on this page last changed on 07/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/15/2026 4:40:21 AM EST) or MRED MLS (last updated Wed 07/15/2026 2:04:21 AM EST) or SCWMLS (last updated Tue 07/14/2026 11:54:44 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/14/2026 10:15:48 PM EST) or Cedar Rapids MLS (last updated Tue 07/14/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 07/15/2026 1:18:40 AM EST) or ICAAR MLS (last updated Tue 07/14/2026 11:37:25 PM EST) or ECIMLS (last updated Tue 07/14/2026 11:44:33 PM EST) or RMLSA (last updated Wed 07/15/2026 1:10:54 AM EST) or Muscatine MLS (last updated Wed 07/15/2026 2:00:11 AM EST) or No Coast MLS (last updated Wed 07/15/2026 12:44:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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