Chicago, IL 60621,5820 S Sangamon ST
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Chicago, IL 60621,5820 S Sangamon ST
Chicago, IL 60621,5820 S Sangamon ST
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5820 S Sangamon ST Chicago, IL 60621

4 Beds

2 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12318356

Bedrooms 4

Year Built 1908

Annual Tax Amount $738

Tax Year 2023

Lot Dimensions 25X125

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Cook

Area Chi - Englewood

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Fireplace N

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition REO/Lender Owned


Midwest Real Estate Data (MRED) IDX
Listed by Rashauna Scott • Keller Williams ONEChicago

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5820 S Sangamon ST