6402 S Greenwood Avenue, Chicago, IL 60637
Local realty services provided by:Better Homes and Gardens Real Estate Connections
6402 S Greenwood Avenue,Chicago, IL 60637
$759,000
- 10 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brittany ramsey
Office: keller williams onechicago
MLS#:12582166
Source:MLSNI
Price summary
- Price:$759,000
About this home
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....
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Home facts
- Year built:1900
- Listing ID #:12582166
- Updated:August 25, 2026 at 07:44 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:26
- Basement Description:Finished, Full
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1900
- Lot area:0.08 Acres
Utilities
- Water:Lake Michigan
- Sewer:Public Sewer
Finances and disclosures
- Price:$759,000
- Tax amount:$11,487 (2024)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
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