Address
6129 S Greenwood Avenue, Chicago, IL
Price
$ 575,000
Property Attributes
- MLS#12038320
- TypeContingent
- CountyCOOK
- CityChicago
- AreaCHI - Woodlawn
- NeighborhoodWoodlawn
- Zip60637
- Style
- Year Built1910
- Taxes$ 9255
- Price$ 575,000
- Bedrooms4
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
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.
| Price History | |
|---|---|
| 5/1/2024 | Listed $575,000 |
General Features
| Year Built | 1910 |
|---|---|
| Tenant Pays | None |
| Stories | 3 |
| Tax Year | 2022 |
| County | Cook |
| Property Type | Commercial Sale |
| Contingency | Attorney/Inspection |
| Status | Contingent |
| Directions | MIDWAY PLAISANCE TO 61ST EAST TO GREENWOOD AVE TO HOME |
| City | Chicago |
| Total Units | 6 |
| MLS Area | CHI - Woodlawn |
| Street Name | Greenwood |
| Tax Annual Amount | 9255.53 |
| Additional Parcels Y/N | No |
| Days on Market | 10 |
| Standard Status | Active Under Contract |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Lot Dimensions | 49.9X170.5 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 60637
Price
Taxes
Visits
Year Built
