BEDS10
BATHS4 full
MLS#12582166
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLDistrict 130
Property Description
RARE WOODLAWN 3-FLAT Greystone with EXCEPTIONAL unit sizes & STABILIZED PREMIUM cash flow. Strategically located just steps from the Obama Presidential Center, slated for its grand opening in June 2026. This is a turn-key, high-performing asset in the heart of one of Chicago's most high-growth corridors. INVESTMENT HIGHLIGHTS: FULLY OCCUPIED: The building is now fully leased, featuring top-of-market rents and a proven track record of immediate income. INCREASED PERFORMANCE: Cash flow has been significantly optimized with the recent leasing of the top floor at a premium rate. THE STANDOUT: Massive first-floor duplex unit-significantly larger than typical Woodlawn conversions-commanding superior rent. RECENT CAPITAL IMPROVEMENTS: Meticulously maintained with extensive upgrades ensuring low-maintenance ownership: Unit 3: Fully updated with new floors, paint, trim, kitchen, and bathroom. Plumbing: Full overhaul including a Copper Water Supply Line upgrade (2024)-entirely eliminating lead piping. Laundry: Completely renovated basement laundry area. Common Areas: Freshly painted foyer and common spaces. Mechanicals: All systems are operational and professionally maintained. LOCATION ADVANTAGES: Unbeatable proximity to major demand drivers: Walking distance to UChicago Main Campus, UChicago Law School, and UChicago Medical Center. Residents enjoy easy access to the Lakefront and the upcoming Obama Presidential Center, ensuring a never-ending pipeline of high-quality tenant prospects. CONDITION: This is NOT a rehab project. It is a stabilized, turn-key investment. Your client can close and begin collecting premium rental income on day one. Includes a detached garage.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full
Garage: 2
Heating: Natural Gas
Lot Size: 0.08 Acres
Taxes: $11,487
Year Built: 1900
Feature Descriptions
Exterior: Brick
Lot Dimensions: 25X148
Parcel#: 20231060560000
Parking: Yes, Garage Owned, Detached, Garage
Sewer: Public Sewer
Total Rooms: 26
Township: Hyde Park
Water: Lake Michigan
Local Schools
School District: District 130
Listed By / Shown By
Listed By
Agency Name: Keller Williams ONEChicago
Agency Phone: 312-216-2422
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 2,867.83 per month $1,689.20 Principal & Interest $957.25 Property Tax $221.38 Homeowner's InsuranceChange Payment Information
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6402 S Greenwood Avenue | MLS# 12582166
This multi-family property located at 6402 S Greenwood Avenue, Chicago, IL 60637 is currently listed for sale with an asking price of $759,000. S Greenwood Avenue is located within the District 130 school district. Search Chicago real estate on www.bhhscrosby.com today.