6360-6362 S Greenwood Avenue

Chicago,IL 60637

$ 799999

- Bed

- Bath

9873 SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,873 sqft

Price per Sqft $81

MLS Listing ID 12110892

Year Built 1884

Annual Tax Amount $6,775

Tax Year 2023

Lot Dimensions 50 X 125

Property Description

6360-6362 South Greenwood Ave., is a rarely available and highly desired six (6) unit building, with center entrance walk-up located just outside of Hyde Park in Chicago's East Woodlawn neighborhood. The property is located minutes away from the prestigious University of Chicago and the construction site of the future Obama Presidential Library. This solid building is comprised of three (3) Bedrooms with two baths and three (3) 3 Bedrooms with 1.5 bath units. All units feature incredibly spacious layouts and with the 2nd & 3rd floor units include sunrooms. Building features updated boiler and hot water heater 2022), newer porches (2015). This is a great opportunity for an investor to acquire a highly desirable building in one of Chicago's best neighborhoods. . However, with most of the building's current rents are below current market levels, there is a tremendous amount of value to be added solely by stabilizing rents to area standards.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling None

Fireplaces Number 6

Fireplace Y

Exterior

Utilities Available Water-Municipal

View Y/N true

Roof Type Rubber

Building

Foundation Concrete Perimeter

Structure Type Brick

Others

HOA Fee Include None

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