Rare oversized 50150 double lot in South Shore zoned RM-5, steps from Rainbow Beach. Perfect site for a new multifamily or luxury rental development-zoning allows up to 5 residential units with potential lake views from upper levels. Existing structure can be torn down or redeveloped, offering a blank canvas for investors seeking value in a growing area near Jackson Park, the Obama Presidential Center, and the Metra. Wide driveway, no alley, and strong zoning flexibility. Sold as-is-bring your vision, this one's a builder's opportunity.
Property Features
Basement
Unfinished
Full
Waterfront and Water Access
Beach Access
Cooling Information
None
Heating Information
None
Parking
Concrete
Listing Courtesy: Compass - 312-319-1168
Based on information submitted to the MLS GRID as of 2025-11-04 14:45:20. 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: 2025-11-04 14:45:20
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Market statistics compiled from data from Midwest Real Estate Data.