5820 S Sangamon Street
Chicago, IL, 60621
$50,000
4 Beds
2 Baths
0 SqFt
0 Acres
Add
Add
$50,000
5820 S Sangamon Street
Chicago, IL, 60621
MLS #MRD12318356 img 0MLS #MRD12318356 img 1MLS #MRD12318356 img 2
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
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby

5820 S Sangamon Street
Chicago, IL