Open House

Chicago,IL 60637

$ 230000

8 Beds

4 Baths

- SqFt


OPEN HOUSE

Sun May 25, 11:30am - 1:30pm 

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12365356

Bedrooms 8

Year Built 1972

Annual Tax Amount $4,333

Tax Year 2023

Lot Size 123.610 Acres

Lot Dimensions 7503SQFT

Property Sub-Type Two to Four Units

Property Description

WOODLAWN INVESTMENT OPPORTUNITY - APPRECIATION, HOUSE HACKING & CASH FLOW POTENTIAL! This well-maintained two-story duplex is an incredible opportunity for investors or owner-occupants looking to build wealth through real estate. Located on a rare double lot in the thriving Woodlawn community, this property features two spacious townhome-style units, each offering 4 large bedrooms, 1.5 bathrooms, and a generous living space. Roof replaced in 2002, windows replaced in 2019, and siding painted. This is an absolute cash cow. Surrounded by lots of New Construction and revitalization projects, with some thoughtful upgrades to the units, it could easily become one of the highest cash-flowing properties in the neighborhood. Steps away from University of Chicago, The Obama Library, Museum of Science and Industry, Jackson Park Golf Course, Lake Shore Drive and Beaches, The Children Hospital, the Green Line, CTA Public Transportation, and all the new stores, coffee shops and restaurants coming to the area gives endless possibilities. This one of a kind property will not last long!! Each unit can easily rent between $2000-2400. Both units are occupied until 8/31/25.

Location

State IL

County Cook

Area Chi - Woodlawn

Zoning MULTI

Rooms

Basement Crawl Space

Interior

Heating Natural Gas

Fireplace N

Exterior

Roof Type Flat

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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