$50,000
5820 S Sangamon Street
Chicago, IL, 60621
Calling ALL experienced developers! Here is an excellent opportunity to renovate and add equity to this brick 2 unit. After repair value for 2 units are $350K+ – Leave this as a 2 unit or completely transform this property into something else! Zoned RS-3. This property is in a prime location as it is just blocks away from Kennedy-King College, minutes from I-90 Expressway and located right next to the Englewood Nature Trail. The trail is envisioned as an agro-eco district with plans that include spaces for urban agriculture, community gardens, food markets, and educational/community facilities. The trail also aims to address the food access issues and promote environmental sustainability within the community. The project has secured substantial funding, including a $20 million federal grant and additional support from state and philanthropic sources. Construction is anticipated to begin in 2026, with the trail expected to open as early as 2027. The Englewood Nature Trail is designed not only as a recreational path but also as a catalyst for urban agriculture and community development. This development emphasizes serving the existing residents of Englewood, with measures to prevent displacement and promote local economic opportunities. The trail is a unique and community-driven project that aims to revitalize an underutilized rail corridor into a vibrant space that supports environmental sustainability, local agriculture, and community well-being.
Property Details
Price:
$50,000
MLS #:
MRD12318356
Status:
Active
Beds:
4
Baths:
2
Address:
5820 S Sangamon Street
Type:
Multi Family
Neighborhood:
CHI – Englewood
City:
Chicago
Listed Date:
May 26, 2025
State:
IL
ZIP:
60621
Year Built:
1908
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$738
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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5820 S Sangamon Street
Chicago, IL
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