Chicago, IL 60637,Address not disclosed

$172,000

Est. payment /mo

$175,000

1.7%
Est.Price: ?

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Address not disclosed Chicago, IL 60637

6 Beds

2 Baths

SOLD DATE : 01/07/2026

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

Read Less

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Midwest Real Estate Data (MRED) IDX
Listed by Wayne Beals of  Exit Strategy Realty / EMA Management 
Bought with Peter Drossos of Peter Drossos Real Estate
Alexa McCurdy

Alexa McCurdy

Real Estate Advisor

+1(312) 978-0015

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