$555,000
$575,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
6129 S Greenwood AVE Chicago, IL 60637
Key Details
Sold Price $555,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12038320
Sold Date 08/13/24
Year Built 1910
Annual Tax Amount $9,255
Tax Year 2022
Lot Dimensions 49.9X170.5
Property Sub-Type Multi Family 5+
Property Description
Introducing a unique opportunity to own a six unit brick building in highly desirable East Woodlawn. This property offers significant potential for the savvy developer or investor, with endless possibilities for transformation. This property is a blank canvas awaiting your vision: these units can be converted into luxurious condos, perfect for resale in a high demand market. Convert them into modern rental units, providing a reliable income stream or renovate and create an incredible short term rental property. With a large unfinished basement, the building can be converted to (4) 2 bed/2 bath units + (2) 4 bed/3 bath duplex down units. It can also be converted to have (2) full floor units and (2) duplex down units. There are many options. The building features a classic brick exterior with lovely front balconies, adding to its charm and appeal. Situated on a deep lot, there's potential to extend the structure and still provide green space and parking. Currently there's a 3 car garage at the rear of the lot. The roof was replaced in 2022. The location is unbeatable, with easy access to public transportation, Lake Shore Drive, shopping, and dining options. It's also conveniently located near parks and steps away from the University of Chicago campus, making it attractive to a broad range of potential buyers or tenants.
Location
State IL
County Cook
Area Chi - Woodlawn
Interior
Fireplace N
Building
Level or Stories 3
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Joseph Konney • Top Care Realty LLC
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