6402 S Greenwood Ave

Chicago, IL 60637
  • $789,900

    Price
  • 10

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 87738 - 875482

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.

Listing Highlights

Status Active
Days on Site 10
Property Type Multi-Family
MLS ® 12538935
Year Built 1900
Total Square Footage 0
Lot/Acreage 0.08
County Cook
School District 130

Interior Details

  • Bedrooms: 10
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Full
  • Other:
  • Water: Lake Michigan

Exterior Details

  • Garage Capacity: 2 car
  • Parking Spaces: 2
  • Lot Dimensions: 25X148
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes,Garage Owned,Detached,Garage

Financial Details

  • Tax Amount: $11,487
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 20231060560000
  • Tax Year: 2024

Payment Calculator

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Questions About..

6402 S Greenwood Ave Chicago, IL 60637

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Originating MLS: mred

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