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$ 230,000
Est. payment /mo
Open 5/25 11:30AM-1:30PM
Address not disclosed Chicago, IL 60637
8 Beds
4 Baths
123.61 Acres Lot
OPEN HOUSE
Sun May 25, 11:30am - 1:30pm
UPDATED:
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
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Janina Farr • Coldwell Banker Realty
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