$172,000
$175,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Chicago, IL 60637
6 Beds
2 Baths
Key Details
Sold Price $172,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12509408
Sold Date 01/07/26
Bedrooms 6
Year Built 1908
Annual Tax Amount $3,388
Tax Year 2023
Lot Dimensions 25x124
Property Sub-Type Two to Four Units
Property Description
PRIME AS-IS REHAB OPPORTUNITY: High-Density Woodlawn Two-Flat Full Gut Renovation needed. Located in a core Woodlawn corridor experiencing massive investment and value appreciation, this two-unit building is ready for a complete transformation. Offered strictly AS IS, this property is an ideal project for seasoned developers and investors looking for significant upside. Key Value Drivers: RM-5 Zoning: Offers excellent density potential for vertical or unit expansion. Architectural Foundation: Features attractive Iron Spot Brick exterior and generous existing unit sizes. Expansion Potential: A full basement provides a valuable footprint for potential garden unit, duplex unit or additional living space. Please consult a zoning expert to confirm your desired use is allowed. Premium Location: Highly walkable to the University of Chicago, Green Line train, Washington Park, The Midway, and the local Jewel-Osco, ensuring tenant demand is exceptionally high. Seize the chance to create beautiful rental workforce housing in a premier growth neighborhood.
Location
State IL
County Cook
Area Chi - Woodlawn
Rooms
Basement Unfinished, Full
Interior
Heating None
Fireplace N
Building
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 None
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Peter Drossos of Peter Drossos Real Estate

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