5941 South Prairie Avenue

Chicago IL 60637

Land

Last sold for $125,000

Nicholas Hansen, last sold this property on 22 June 2026 after 60 days on market.

Overview

Prime Development Opportunity - Rare 100' x 160' oversized lot zoned RM-5 with strong multifamily density potential. Property is part of a multi lot scattered-site portfolio in the Washington Park/West Woodlawn corridor, available individually or as a package. Ideal for developers seeking scale, flexibility, and a clear path to execution. Builder and contractor team in place. Sold as-is, where-is. Preliminary plans are conceptual only and not approved by the City of Chicago. Seller makes no representations or warranties; buyer responsible for all due diligence, zoning verification, and approvals.

Features

Land

Estimated Value

Based on this property and similar land plots sold in Chicago over the last 12 months, the estimated median property value of 5941 South Prairie Avenue is $92.5k.

Median value

$92.5k

Estimated value range

$12k - $250k

Median days on market

Estimated value trend

68%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Chicago. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5941 South Prairie Avenue

2026

Sold

$125,000

22 Jun 2026 by Nicholas Hansen, of Interfirst Realty

2023

Sold

Undisclosed

06 Oct 2023 by Michelle Browne, of Florida Brokers Real Estate

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.