6402 Greenwood Avenue, Woodlawn, Chicago, Illinois 60637
$789,900
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For Sale
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| Status: | Active |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 10 |
| Baths: | 0 |
| Year Built: | 1900 |
| Property Taxes: | $11,487 |
| Days On Market: | 10 |
| Lot Size: | 0,08 |
Description
RARE WOODLAWN 3-FLAT Greystone with EXCEPTIONAL unit sizes & PREMIUM cash flow. Meticulously maintained by current owner with extensive recent upgrades including COMPLETELY RENOVATED laundry area & full plumbing overhaul. THE STANDOUT: Massive duplex unit (1st floor) - SIGNIFICANTLY LARGER than typical Woodlawn 3-flat conversions. Currently commanding TOP-OF-MARKET rent - PROVEN income, not projections. CURRENT PERFORMANCE: Strong existing cash flow with TWO occupied units. FULLY OCCUPIED PRO FORMA: Substantial income potential with significant upside. LOCATION ADVANTAGES: Walking distance to UChicago Main Campus, UChicago Law School, UChicago Medical Center, Obama Presidential Center & Lakefront. Never-ending pipeline of tenant prospects. CONDITION: Turn-key investment property. Recent capital improvements include upgraded Unit 3 - (New floors, paint, trim, Kitchen, Bathroom) Common Area/Foyer Paint Basement Laundry and plumbing upgraded Copper Water Supply Line upgrade in 2024 (No Lead Piping) All mechanicals maintained, all systems operational. This is NOT a rehab project - your client can close and collect rent immediately. TOTAL BUILDING: Large square footage | Multiple bedrooms/baths | Detached garage UNIT BREAKDOWN: Unit 1 (Duplex): EXCEPTIONAL size - oversized layout commanding premium rent Unit 2: Currently occupied at market rate Unit 3: Market ready for immediate occupancy FULL DETAILS, INTERIOR PHOTOS & PRICING attached.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1900 | |
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| No | |
| 0.08 |
| Cook | |
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| — / — | |
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| 12538935 | |
| 20231060560000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 6 Apr, 2007 | Sold | $290,000 | MRED MLS |
| 15 Sep, 2006 | Under contract | $309,000 | MRED MLS |
| 5 Sep, 2006 | Listed for sale | $309,000 | MRED MLS |
| 19 May, 2014 | Sold | $75,000 | MRED MLS |
| 19 Feb, 2014 | Under contract | $52,500 | MRED MLS |
| 5 Feb, 2014 | Listed for sale | $52,500 | MRED MLS |
| 30 Oct, 2023 | Sold | $620,000 | MRED MLS |
| 14 Sep, 2023 | Under contract | $649,900 | MRED MLS |
| 20 Jun, 2023 | Listed for sale | $649,900 | MRED MLS |
| 1 Jan, 2026 | Listed for sale | $789,900 | MRED MLS |
Room Specifics
Total Bedrooms: 10
Bedrooms Above Ground: 10
Bedrooms Below Ground: 0
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| 25X148 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2007 | $1,662 |
| 2014 | $3,327 |
| 2023 | $6,058 |
| 2026 | $11,487 |
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Listing Provided By
Keller Williams ONEChicago
