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$1,200,000
11 Beds 7 Baths 12726785 MLS ACTIVE Status
Turnkey cash flowing Rarely Available 4 Flat Building Located in prime East Woodlawn desirable community just steps from Obama Presidential Library, University of Chicago Campuses including Medical School, Law School, University of Chicago Hospital, Charter School, Museum of Science and Industry, Chicago Theological Seminary, Mount Carmel High School, Lake Michigan, Grocery Stores, Multiple Eatery's including the South Shore Cultural Center. A true gem for investors and or owner occupant alike. The 3 above ground oversized units each feature 3 bed/2 Full baths configurations & 1 lower level features an oversized 2 bed 2bath configuration. Property features new interior upgrades such as Copper Plumbing infrastructure, Electrical infrastructure, HVAC infrastructure and drywall. Open floorplan concept layout within each unit with the top floor unit giving a penthouse vibe. Kitchens positioned in the front of each unit 42' Maple shaker style cabinets, granite & laminate countertops, stainless steel appliances & recessed lighting. Meticulously preserved & refinished woodwork architecture & hardwood flooring in the property was blended with new upgrades to keep the charm & character of this historic property. Exterior upgrades include new vinyl windows, concrete parking pad with rear wrought iron gated fence, front wrought iron gated fence with intercom system, treated wood The lower level was renovated by excavating the floor & creating higher head space & upgrading to a new sump pump rainwater drainage system & concrete slab. The property shares a common area laundry with washer/dryer owned by Landlord. Each unit is individually metered & has separate HVAC & Hot Water Heater tanks.

6638 S Woodlawn Avenue, Chicago

$499,900
7 Beds 3 Baths 12731749 MLS CONTINGENT Status
Why pay a full mortgage when tenants can cover it? Turnkey East Woodlawn 2-flat with massive income potential. Unit 1: 4BD/2BA duplex with 2 living areas, stainless steel appliances, and in-unit laundry/storage. King-sized beds fit easily, making it ideal for short-term rentals, house hacking, or related living. Unit 2: Bright 3BD/1BA with L-shaped kitchen, in-unit W/D, and a primary bedroom that fits a king. Bonus: The lower level offers flexibility as a plug-and-play short-term rental crash pad or can be converted into a future standalone unit with already existing private entrances. The building has separate utilities, a rear deck for each unit, a yard, and a gorgeous all-masonry 2-car brick garage. Location is a dream. You are minutes from the University of Chicago, Lake Michigan beaches & trails, and within walking distance of public transit - including the Green Line to downtown and all the dining and shopping districts we love in Hyde Park. Driven by $500M+ at the Obama Presidential Center and UofC expansion, Woodlawn home values have outpaced city averages by 12%. 4-bed short-term rentals average $325+/night nearby. Live in one, rent the rest, or collect multiple checks from day one.

6520 S Ellis Avenue, Chicago

$659,000
5 Beds 4 Baths 12673209 MLS ACTIVE Status
Attainable, comfortable, healthy, and cool! Award-winning, Greenline Homes Two Flat in Southeast Woodlawn! Greenline Homes has made Woodlawn the destination for high-performance homes in Chicago. We're thrilled to offer a resale of a groundbreaking two-unit building that showcases cutting-edge construction and high-performance materials and design throughout. Unit 1 is a bright, modern garden unit with two bedrooms. Unit 2 is a spacious and modern 3-bedroom/2.5-bath duplex. Sustainable without compromise. Both units boast beautiful and durable quartz countertops, custom cabinetry, and energy-efficient appliances. Own your energy. The building includes a solar photovoltaic system on the roof, which produces much of the building's energy needs and reduces the building's carbon footprint with clean, free renewable energy. Efficiency by design. Engineer-designed and sized zoned Mitsubishi heating and cooling provide extreme comfort and efficiency to both units. Comfort is built right in. Incredible engineered insulation, triple-pane glass, and an air-sealed building envelope make this building quieter and more comfortable than any standard building on the market. Healthy air is standard. Energy return ventilators and Panasonic whisper-quiet exhaust fans ensure consistent, high-quality indoor air while maintaining peak efficiency. The low-maintenance lifestyle. Well-designed exteriors with high-quality materials like James Hardie siding and commercial-grade roofing reduce maintenance, allowing your home to work harder for you, instead of you working hard for it. Greenline Homes is making sustainable, green homes more accessible, and now you can own a sustainable green home with income! Plus, a 2-car garage is included. The home is currently leased, and access for showing is limited. Located steps to Metra Electric Trains, Jackson Park, and the Obama Presidential Center.

1221 E Marquette Road, Chicago

$255,000
5 Beds 3 Baths 12580265 MLS CLOSED Status
Experience the momentum of Woodlawn with this polished twostory 2flat, perfectly positioned near the anticipated Obama Presidential Center. Surrounded by high-end new construction and active redevelopment, this property offers the rare blend of immediate cashflow potential and long-term appreciation. Thoughtfully updated with a new roof, new tuckpointing, select new windows, and a striking wrought iron fence, the building delivers strong curb appeal and low future maintenance. Both units are exceptionally spacious with fully functioning utilities, and the full basement adds valuable expansion or storage options. A 2car detached garage and generous backyard complete the package. A standout opportunity for investors seeking a solid, well located asset in one of Chicago's fastest rising neighborhoods. Located just moments from the University of Chicago, this property sits in one of the area's most dynamic and academically driven corridors. Classic, Chicago brick 2-flat + basement in BOOMING Woodlawn. Occupants to take advantage of rapid appreciation in the area. Imagine the possibilities of a full, unfinished basement - just waiting for your personal touches. Although the property has been well-cared for over many years, it is being conveyed AS-IS.

6513 S Maryland Avenue, Chicago

$240,000
5 Beds 2 Baths 12541042 MLS CLOSED Status
Highest and Best DUE Monday, January 19th, 2025 at Noon. Exciting Investment Opportunity in Woodlawn | 2-Flat Brick Building Located on the east side of Cottage Grove in the heart of Woodlawn, this classic 2-flat brick building presents an exceptional opportunity for investors, developers, or owner-occupants ready to bring a vision to life. The property is in need of a full gut renovation, making it a true blank canvas with tremendous upside in a rapidly improving area. The second-floor unit offers a generous layout featuring four bedrooms, a spacious living room, a separate dining room, a full-size bathroom, and a kitchen with a pantry. Original hardwood floors are in place and ready for restoration, and select electrical upgrades have already been completed. A skylight above the second-floor staircase floods the interior with natural light, adding character and architectural charm. The first-floor unit includes two bedrooms, one full bath, and a large kitchen, offering flexible living arrangements or strong rental potential. The full-height basement features approximately 7-foot ceilings with ingress and egress, making it ideal for an impressive in-law suite, duplex-down, or additional living space. The building will require a new roof and rear porch, allowing the next owner to design and build to modern standards With its solid brick construction, generous room sizes, and endless configuration possibilities, this property is perfectly positioned for a value-add renovation. Whether you envision a duplex-down, an owner's unit with rental income, or a fully rehabbed income-producing asset, the potential here is truly limitless.

6351 S Drexel Avenue, Chicago

$630,000
6 Beds 4 Baths 12098256 MLS CLOSED Status
East Woodlawn has not seen a Classic Greystone 2 Flat Remodeled to this condition in years. This fully renovated 2 Unit property has amazing touches from top to bottom. Each unit features 3beds & 2 Full Bathrooms with a huge open concept on from the living room, flowing thru the dining room into the kitchen. Each Unit features custom coffered ceiling designs with full modern touches throughout. New Roof, Updated Plumbing, updated electrical, new furnaces, new AC units, new back porch, and a new garage to house those vehicles. New Hardwood floors with quartz counter tops along with soft close cabinets and highend appliances to top it off! Walk to the University of Chicago, Jog to the Lake or Bike to the New Obama Center!!! As you can tell, this is an amazing location for this East Woodlawn 2flat. The basement is connected to the first floor for the optional duplex so you can finish it or you can seal off that entrance and create a 3rd unit because it has another entrance and exit in addition to the 7 foot ceilings! You will not be disappointed with this purchase!!! This is also a Great Airbnb option considering how close it is to all Chicago has to offer!!! Schedule your private showing today and don't miss out on this HOT WOODLAWN 2Flat!!!

6361 S Greenwood Avenue, Chicago

$962,000
9 Beds 6 Baths 12050216 MLS CLOSED Status
LAST ONE OF TWO REMAINING! Welcome 6340-42 S Drexel Discerning Designed Residences. Set in exceptionally well located Woodlawn on the confluence of Hyde Park walking distance to University of Chicago Campus. Magazine Caliber Simply Stunning, Expansive footprint, set on 25 x 132 deep lot with 3 car garage. New Construction 3 flat all 3 bedroom 2 baths Exceptional Elegance, Intelligent Design, Professional Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Custom Back splash, Engineered floors, Fireplace, Curated Gallery of Cohesive Design Offering relief from ordinary, Sequestered Primary Suite with walk in closet, lifestyles primary bathroom offer Opulent over sized Shower w/ Frame less Glass, Double Vanity, Custom Mirrors and Designer Plumbing fixtures. Professional closet organizers throughout, 3 car Garage. Urban Intimacy w/ Hyper Convenience Experience excellence. Veteran developers of 25 + years, 1 year warranty included. Hyper Convenient, AAA Trophy Piece Perfect Turn key, Owner Occupied, Investor or 1031. This is part of a 2 building series. This is an exceptional property and location. Show and sell. Delivery end of April 2024 - Pictures of Similar Building. All showings will start at model location @ 4228 S Langley then Looping Back through Drexel.

6340 S Drexel Avenue, Chicago

$949,000
9 Beds 6 Baths 12022430 MLS CLOSED Status
Welcome 6340-42 S Drexel Discerning Designed Residences. Set in exceptionally well located Woodlawn on the confluence of Hyde Park walking distance to University of Chicago Campus. Magazine Caliber Simply Stunning, Expansive footprint, set on 25 x 132 deep lot with 3 car garage. New Construction 3 flat all 3 bedroom 2 baths Exceptional Elegance, Intelligent Design, Professional Fully Appointed Kitchen Cabinetry, Integrated Appliances, Quartz Island Custom Back splash, Engineered floors, Fireplace, Curated Gallery of Cohesive Design Offering relief from ordinary, Sequestered Primary Suite with walk in closet, lifestyles primary bathroom offer Opulent over sized Shower w/ Frame less Glass, Double Vanity, Custom Mirrors and Designer Plumbing fixtures. Professional closet organizers throughout, 3 car Garage. Urban Intimacy w/ Hyper Convenience Experience excellence. Veteran developers of 25 + years, 1 year warranty included. Hyper Convenient, AAA Trophy Piece Perfect Turn key, Owner Occupied, Investor or 1031. This is part of a 2 building series. This is an exceptional property and location. Show and sell. Delivery end of April 2024 - Pictures of Similar Building. All showings will start at model location @ 4228 S Langley then Looping Back through Drexel.

6342 S Drexel Avenue, Chicago

$260,000
6 Beds 5 Baths 11953038 MLS CLOSED Status
PRICED TO SELL!!! DON'T PASS ON THIS OPPORTUNITY. LOOKING FOR EXPERIENCED INVESTOR. EXTREMELY RARE OPPORTUNITY IN EAST WOODLAWN IS NOW AVAILABLE!! INVESTOR HAD AN EMERGENCY AND COULDN'T FINISH THE PROJECT. THIS HAS A LUXURY-DESIGNED LAYOUT WITH THREE MASTER SUITES ON THE 2ND FLOOR DUPLEXED TO THE MAIN LEVEL WITH COMPLETE OPEN CONCEPT FLOOR PLAN!!! GREAT FOR 203K OWNER WITH OPTION TO RENT OR AIRBNB LOWER LEVEL. OVER 2,500SF OF LIVING SPACE WITH 4 BEDROOMS AND 3.5 BATHS DUPLEX WITH SEPARATE LARGE LOWER LEVEL APARTMENT WITH 2 BEDROOMS AND 1 FULL BATH EQUIPPED FOR AIRBNB OR RENTAL THAT WILL NEARLY PAY THE MORTGAGE! LOTS OF WORK HAS ALREADY BEEN COMPLETED WITH FULL ARCHITECTUAL PLANS AND PERMIT ALREADY ACQUIRED. ALL NEW ROUGH FRAMING, SUPPORT BEAMS AND STAIRCASE IS 100% COMPLETED. ALL NEW DUCTWORK COMPLETED 100%. ALL NEW ROUGH ELECTRICAL 100% COMPLETED WITH DUAL 200AMP SERVICE AND PANELS INSTALLED. THE BASEMENT ALREADY HAS UNDERGROUND PLUMBING (PASSED CITY INSPECTION), DRAIN TILE INSTALLED, ALL NEW CEMENT BASEMENT FLOOR POURED WITH OVER 7FT CEILING HEIGHT. NEW ROOF HAS BEEN INSTALLED. GARAGE ROOF, OVERHEAD DOOR AND TUCKPOINTING COMPLETED. ALL NEW FLAT ROOF INSTALLED FOR BUILDING. EVERYTHING HAS BEEN DONE UP TO CITY CODE. JUST ADD ROUGH PLUMBING AND YOU'RE READY FOR ALL CITY INSPECTIONS. THE VALUE POTENTIAL IS ENDLESS AS EAST WOODLAWN IS ONE OF THE MOST PRIME REAL ESTATE IN CHICAGO WITH THE PROXIMITY TO ALL AMENITIES: NEW OBAMA LIBRARY, UNIVERSITY OF CHICAGO, MUSUEM OF SCIENCE AND INDUSTRY, LAKE SHORE BEACHES, JACKSON PARK GOLF COURSE, CTA GREEN LINE, HYDE PARK AND SO MUCH MORE. ARV IN THE 700'S. GREAT FOR 203K OR INVESTOR TO FINISH AND REAP THE BENEFITS! SOLD AS-IS. TAX PRORATION 100%. Listing Agent Interest. 2022 Survey provided. MOTIVATED SELLER! Send all offers!

6627 S Maryland Avenue, Chicago

$385,900
8 Beds 3 Baths 11908620 MLS CLOSED Status
Introducing this exceptional 2 flat Graystone with Garden unit, composed of a 4 bed/1 bath on 2nd floor, 3 bed/1 bath on main floor and a 1 bed/1 bath garden. Each unit features a private entrance to the residence and a beautiful fully fenced in backyard perfect for relaxing & enjoying the outdoors or ample entertaining space. With updated and extremely spacious units, every level can enjoy hardwood floors, high ceilings, abundance of natural light, and potential to have a home office, fitness room, guest room, art studio, game room, craft room...the possibilities are endless! This property presents an incredible investment opportunity (projected rent of $1,000+ for the 1st and 2nd floor units and $875+ for the Garden unit) while tenants can enjoy everything Woodlawn and Hyde Park have to offer. Or seamlessly blend owner occupant convenience, income generating potential, and equity building for the future! Perfectly located along the developing 63rd Street corridor, walking distance to The University of Chicago and The Obama Presidential Library, nearby gorgeous Lake Michigan & beaches including Jackson Park Harbor, Downtown Chicago, CTA and Metra stations, expressways, shopping, restaurants, entertainment, and museums! Detached 2 car garage and permitted street parking are available.

6147 S Drexel Avenue, Chicago

$867,500
11 Beds 7 Baths 11882076 MLS CLOSED Status
Located in prime Woodlawn location, rarely available Legal 4 Flat was renovated in 2016 by a reputable rehabber. Purchase as an investment or to live in. The 3 above ground oversized units each feature 3 bed/2 bath configurations & 1 lower level features an oversized 2 bed/bath configuration. Property renovations were completed in 2016 and feature new interior upgrades such as Copper Plumbing infrastructure, Electrical infrastructure, HVAV infrastructure and drywall. The floorplan layout was reworked to have open concept Kitchens in the front area of the units with 42' Maple shaker style cabinets, granite & laminate countertops, stainless steel appliances & recessed lighting. Meticulously preserved & refinished woodwork architecture & hardwood flooring in the property was blended with new upgrades to keep the charm & character of this historic property. Exterior upgrades include new vinyl windows, concrete parking pad with rear wrought iron gated fence, front wrought iron gated fence with intercom system, treated wood rear staircase & maintenance fee vinyl siding wrapped porch. The lower level was renovated by excavating the floor & creating higher head space & upgrading to a new sump pump rainwater drainage system & concrete slab. The property shares a common area laundry with washer/dryer owned by Landlord. Each unit is individually metered & has separate HVAC & Hot Water Heater tanks. This property is located walking distance to University of Chicago Hospital & University of Chicago, University of Chicago Law School, University of Chicago Charter School, Toyota Technological Institute of Chicago, Chicago Theological Seminary, Mount Carmel High School, Lake Michigan, Parks, multiple grocery & eating locations.

6638 S Woodlawn Avenue, Chicago

$131,900
7 Beds 2 Baths 11858076 MLS CLOSED Status
East Woodlawn is one of the fastest appreciating neighborhoods in the entire nation! This 2-unit is available for an absolute steal! There is so much upside for an investor looking to make a large profit or a homeowner looking to plant their feet in an area that will continue to aggressively appreciate for years to come! This solid 2-flat includes two residential units, a full walkout basement and a private enclosed back yard! Unit #1 has 3-bedrooms, and 1 full bathroom and Unit #2 has 4-bedrooms and 1 full bathroom. Updated 4-bedroom apartments can rent for $2,000+ per month and updated 3-bedroom apartments can rent for $1,700+ per month in this neighborhood! The strategy that will yield the maximum equity or profit margin will be achieved by converting this 2-unit into a legal 3-unit by digging down the large unfinished basement 3-5 inches and cooperating with the city of Chicago to improve the zoning from a 2 to 3-unit residential property. This strategy was effective at 6235 S. Eberhart which was sold in December of 2022 for $585,000. The after-repair-value for non-new construction 3-units or 2-units with legal garden apartments is $570,000, based on comparable sales within the past 6 months! With the right construction strategy there is an approximate $170,000 - $200,000 profit margin available! In 2020 the city of Chicago passed the Additional Dwelling Unit Ordinance which provides owners of multi-units with up to $35,000 in funds in the form of a forgivable loan to create additional living space in the basement or attic! For more ambitious investors, there is also potential to dormer the attic to create additional living space or build a coach house in the back yard which the ADU ordinance also supports in the effort to achieve an even higher valuation ($600,000+). For the traditional retail buyer that wants to convert this multi-unit into a single-family home, the approximate after-repair-value for this strategy is $700,000+ based on comparable SFH sales! The retail buyer has the equity available to significantly invest in the conversion project and enjoy a great home with $100,000+ in equity upon completion or an investor can enjoy an approximate $75,000 - $150,000 profit with the right construction strategy implemented. There are a plethora of new construction projects on Maryland Ave with many multi-units that have recently sold for a little under 1-million dollars each! A+ location! Walking distance from Washington Park, Minutes from the Lakefront, proximity to The University of Chicago, the Obama Presidential Library, Dan Ryan, Red Line and Jackson Park! Priced to sell so please act swiftly! ***This property is already hard money approved with our lender that requires 7% down and will finance 100% of the renovation***

6605 S Maryland Avenue, Chicago



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