Listing provided courtesy of Baird & WarnerMREDas Distributed by MLSGrid- MLS# 12590214MLS Provider

6413 S Drexel AvenueChicago, IL 60637

Vacant Land
$120,000 Active

6413 S Drexel Avenue Overview

Time on Site:
110 days
Visits:
0

Adjacent lots also available: 6415 Drexel (also permitted for multi-family), 6411 Drexel & 6409 Drexel. Seize a premier development opportunity in the heart of Woodlawn, a high-velocity Chicago neighborhood experiencing a profound renaissance driven by massive institutional investment and the upcoming Obama Presidential Center. This prime, buildable lot offers a blank canvas for a luxury custom home or a high-density multi-unit project, perfectly positioned within walking distance of the University of Chicago, Jackson Park, and the lakefront. With the area's favorable zoning and a surge in new construction velocity, this shovel-ready site allows you to capitalize on the growing demand for modern housing in a strategically located corridor. Bring your architect and your vision to one of the city's most watched markets, where rapid appreciation and urban energy create the ideal foundation for a design-forward rental asset or a high-end portfolio addition. While the information provided is deemed reliable, it is not guaranteed and all buyers are responsible for independently verifying zoning, lot dimensions, and all other property data with the appropriate professionals.

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6413 S Drexel Avenue Facts & Features

  • Type Vacant Land

Details

General

School Information

  • School District: 299

Business Information

  • Current Use: Multi-Family,Single Family

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Woodlawn
  • Township: Hyde Park

Tax Information

  • Tax Annual Amount: $1,759.77
  • Tax Year: 2023

General Information

  • Ownership: Fee Simple
  • Parcel Number: 20231040910000
  • Property Type: Land
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 25
  • Frontage Type: City Street
  • Lot Size Dimensions: 25 x 125
  • Road Surface Type: Asphalt

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected,Water Available

6413 S Drexel Avenue Neighborhood

Community

60637 (Chicago) Demographics

31
Median Age
8,890
Population Density (per sq. mile)
41%
College Educated
$30,149
Estimated Median Income
4,970
Estimated Total Home Owners
15,152
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6413 S Drexel Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6413 S Drexel Avenue Market Data

Based on the last 30 days in this zip code

$393,653
Average List Price
$235
Average Price per Square Foot
24
Properties Sold
105
Average Days on Market
115
Properties for Sale
Calculations provided by Reliance Network

6413 S Drexel Avenue History

Date Event Value Agent
4/11/2026Source: MRED Status Change
Active
4/6/2026Source: MRED Price Reduction
$120,000 -7.7%
4/6/2026Source: MRED Status Change
Price Change
3/16/2026Source: MRED Status Change
Active
3/11/2026Source: MRED Added to Database
March 11, 2026