Premier B3-3 mixed-use development site in the absolute path of progress at 1510 E 67th St-positioned less than a mile from the Obama Presidential Center, a transformative $800M+ global destination expected to draw 600K-750K visitors annually and anchor long-term economic growth in Woodlawn . This 12,687 SF (.29 acre) footprint offers rare scale and zoning flexibility to develop 8-12 residential units over retail, aligning perfectly with the wave of new construction already underway nearby, including recently approved 14-unit and 24-unit residential developments within blocks . Investor demand is accelerating as the neighborhood transitions-evidenced by rising rents, redevelopment activity, and institutional projects including a planned 26-story hotel and multiple new mixed-use buildings surrounding the Obama campus . Recent land comps like 1318 E 67th St closing at $975,000 validate the trajectory, while condo values exceeding $250K+ and strong rental demand create multiple exit strategies. Located near the University of Chicago, Jackson Park, the lakefront, and transit, this site sits at the epicenter of a neighborhood widely considered one of Chicago’s fastest-appreciating markets, fueled directly by the Obama Center’s catalytic impact on pricing, development, and investor activity . At just $299,900, this is a generational entry point to control a large-scale development site with projected $4M-$5M stabilized upside-exactly where smart developers are placing their bets today.
Property Details
Price:
$299,900
MLS #:
MRD12600967
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
chiwoodlawn
Listed Date:
Mar 24, 2026
Schools
School District:
299
Interior
Exterior
Financial
Tax Year
2022
Taxes
$2,298
Listing Agent & Office
Michael Applegate
Straight-A Realty, LLC
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1510 E 67th Street
Chicago, IL


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